CandleFocus Ripple Moves 100,000,000 XRP, Sends 19,700,000 to Bitso
2024-09-19
Author: Content Editor
In this news, an address belonging to blockchain payment firm Ripple has transferred 19.7 million XRP tokens to crypto exchange Bitso, totaling $57.92 million at the time of the transaction. The sender's address has been active throughout the week, moving large amounts of XRP to different addresses. Some XRP enthusiasts have expressed concerns that the recipient wallet may dump the tokens soon. Data confirms that the recipient has started making big moves, transferring some of the tokens to another Ripple wallet and then to two different exchanges. This news follows previous reports of whale transactions involving XRP. XRP is currently trading at $0.5858, showing an increase of 9.09% in the weekly charts and a slight rally of 1.98% in the past 24 hours.
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