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More Than $10 Million Worth of XRP Transferred to Bitstamp

A recent transfer of $10.3 million worth of XRP to the Bitstamp exchange has caused concern among some community members who believe it may signal a significant price decline. This is the first XRP transfer to Bitstamp since October 8. In addition, earlier this month, a large transfer of $27.3 million worth of XRP was made to the Bitso exchange. In September, Ripple co-founder Chris Larsen also caused unease within the XRP community with his transfers. The current price of XRP is $0.54.

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