{"id":25817,"date":"2022-08-13T10:58:29","date_gmt":"2022-08-13T10:58:29","guid":{"rendered":"http:\/\/egrowonline.com\/?p=25817"},"modified":"2022-08-13T10:58:29","modified_gmt":"2022-08-13T10:58:29","slug":"270-million-xrp-moved-with-ripples-direct-participation-heres-where","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=25817","title":{"rendered":"270 Million XRP Moved with Ripple\u2019s Direct Participation, Here&#8217;s Where"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><a target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/yuri-molchan\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2019-11\/yuri-ava.jpg\" class=\"author__item-user-avata\" \/><br \/>\n<\/a><\/p>\n<div class=\"article__lead-info\"><a target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/yuri-molchan\" rel=\"noopener\">Yuri Molchan<\/a><\/p>\n<p>Ripple keeps sending large amounts of crypto worth millions of USD from its wallet, here\u2019s where they are headed<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"article__contents\">\n<p>Contents<\/p>\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h20\" rel=\"noopener\">Ripple sells 50 million XRP on Bitstamp<\/a><\/li>\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h31\" rel=\"noopener\">Exchanges move 220 million XRP<\/a><\/li>\n<\/ul>\n<\/div>\n<p>According to data recently shared by popular crypto tracking service Whale Alert, over the past two days, nearly 300 million XRP tokens have been shifted between major crypto exchanges.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/u.today\/hundreds-of-millions-of-xrp-transactions-pop-again-as-ripple-address-raises-stakes\" rel=\"noopener\">Ripple fintech giant<\/a> took a direct part in transferring these funds as the company continues to send large amount of XRP to be converted into millions of US dollars.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">&#x1f6a8; 50,000,000 <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a> (18,777,694 USD) transferred from Ripple to unknown wallet<a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/t.co\/ILsW9LsRJ9\">https:\/\/t.co\/ILsW9LsRJ9<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/whale_alert\/status\/1558210398813360130?ref_src=twsrc%5Etfw\">August 12, 2022<\/a><\/p><\/blockquote>\n<h2 id=\"h20\">Ripple sells 50 million XRP on Bitstamp<\/h2>\n<p>Whale Alert has tweeted that in the last 48 hours, a substantial amount of XRP tokens, totalling nearly 300 million XRP, has been moved. The amount sent by the crypto giant Ripple comprised 50 million tokens which is worth $18,777,694 at the current XRP\/USD exchange rate.<\/p>\n<p>Bithomp analytics platform that is focused on XRP data shows that this 50 million tokens were <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/whale-alert.io\/transaction\/ripple\/6045CBAE79E22DA13C27ED7B3AAE1EF04B0C02C2C49F26208D6CD52C8686E38E\">moved by Ripple<\/a> to its RL18-VN wallet and then 20 million XRP were <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/bithomp.com\/explorer\/rT9FVh2HJyjckyJ35PAGNqo9Nfg5pRVD5\">sent to the Bitstamp exchange<\/a>.<\/p>\n<div class=\"something middle_banner\">\n<div class=\"something__content something__content-square\" style=\"width:336px;height:280px\">\n<a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183269;size=336x280;setID=558953\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=183269;size=336x280;setID=558953;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"336\" height=\"280\" \/><\/a><\/p>\n<p>Ads<\/p>\n<\/div>\n<\/div>\n<p>Curiously, this platform that also operates as one of Ripple\u2019s numerous ODL corridors intends to <a target=\"_blank\" href=\"https:\/\/u.today\/xrp-pair-to-be-delisted-by-bitstamp-exchange\" rel=\"noopener\">delist one of XRP pairs<\/a> later in August \u2013 XRP\/PAX.<\/p>\n<h2 id=\"h31\">Exchanges move 220 million XRP<\/h2>\n<p>The rest of the 270-million stash spotted by Whale Alert was shifted by top-tier exchanges Bittrex, BitGo, Bitstamp and Bitso \u2013 the crypto unicorn related to Ripple after the undisclosed investment by the crypto giant into this exchange in the fall of 2019.<\/p>\n<p>Overall, the total amount of XRP is evaluated at $102,293,258.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/u.today\/270-million-xrp-moved-with-ripples-direct-participation-heres-where\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yuri Molchan Ripple keeps sending large amounts of crypto worth millions of USD from its wallet, here\u2019s where they are headed Contents Ripple sells 50 million XRP on Bitstamp Exchanges move 220 million XRP According to data recently shared by popular crypto tracking service Whale Alert, over the past two days, nearly 300 million XRP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[627,164,545,3137,5618,57,58],"class_list":["post-25817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-direct","tag-heres","tag-million","tag-moved","tag-participation","tag-ripples","tag-xrp"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/22651.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25817"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25817\/revisions"}],"predecessor-version":[{"id":25819,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25817\/revisions\/25819"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/25818"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25817"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}