286 million XRP moved through various exchanges

Ripple, along with several ODL platforms and major South Korean exchanges, has moved nearly 286 million XRP tokens.


Six major transactions

According to blockchain tracker Whale Alert, a whopping 285.9 million XRP has been moved in the past day. This has been done by Ripple, some of its ODL platforms and major crypto currency exchanges in South Korea.

According to Whale Alert data, six major trades worth just over 200 million XRP tokens have been executed. The largest transfer was 100 million tokens. This one was done by South Korean exchange Bithumb and was among its internal wallets.

Ripple and some of its ODL corridors were also involved in several large transactions. A total of 20 million XRPs have been sent from Ripple’s RL18-VN wallet to the Coins.ph exchange in the Philippines. This wallet is often used to send crypto to ODL platforms, exchanges or financial institutions.

Another Ripple ODL partner, Mexican exchange Bitso, also moved 19,800,000 XRP between its internal wallets. In addition, it has also received 20 million XRP from Bittrex.

US-based exchange Bittrex has also moved 20 million XRP to EU-based platform Bitstamp.