Ripple Helps Shovel 156.3 Million XRP As Coin Rises 6%

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Yuri Molchan

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Ripple fintech giant, anon wallets and major US digital exchanges have wired a close to 160 million XRP, part of it was sent to an ODL wallet

Whale Alert crypto tracking bot has detected that in the past eighteen hours, Ripple DLT heavyweight, several anonymous wallets and large cryptocurrency exchanges have together moved more than 156.3 million XRP.

Meanwhile, earlier today, the sixth largest crypto, Ripple-affiliated XRP, has shown a rise by nearly six percent, staging a large green hourly candle.

156.3 million XRP transferred by Ripple and exchanges

Whale Alert has published six tweets, showing that a $127,679,559 in XRP has been shifted by Ripple Labs and several anonymous wallets that have proved to be set up by popular crypto trading venues, according to the data shared by Bithomp, an XRP-focused data platform.

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In particular, Ripple giant has sent 20,000,000 XRP to the exchange headquartered in the Philippines and operating as one of Ripple’s On-Demand Liquidity (ODL) corridors.

Among the other platforms that have taken part in wiring the aforementioned amount of XRP are Bittrex, FTX, BitGo, etc.

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