200 Million XRP in 24 Hours — What's Going On?

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200 Million XRP in 24 Hours — What's Going On?
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Tremendous amount of XRP transferred over past day, here's how Binance was involved

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Popular blockchain analytics platform Whale Alert, which tracks down large cryptocurrency transactions and publishes the details on their X handle, has detected fourMichael Saylor Issues 'Bitcoin Future' Tweet as BTC Holds at $60,000 According to Whale Alert, the aforementioned transfers moved 197.8 million XRP in total, which is equal to $114.1 million in fiat. The largest transaction was conducted between anonymous wallets, and it constituted 106,406,526 XRP .Two transfers, they were of a medium tier in terms of their size, shoveled 31,724,795 and 36,483,255 XRP. Both XRP chunks were deposited to the Binance exchange from anonymous wallets.

This legal victory of the blockchain behemoth from San Francisco pushed the XRP coin 25% up and helped it advance from the top seventh position to the sixth one on the CoinMarketCap scale.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.

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