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287.2 Million XRP Moved By Ripple, Its EU ODL Partner And Coinbase

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Coinness reporter

Wed, 24 Feb 2021, 10:58 am UTC

Popular crypto tracking service Whale Alert, which shares data on large crypto transactions on its Twitter page, has announced that several large XRP transfers were detected less than 24 hours ago, with Ripple and Coinbase among the participating parties.

According to data published by Whale Alert, Ripple fintech giant, together with major crypto exchanges Bitstamp, Coinbase and some others, have transferred a staggering 288 million XRP coins.

Ripple transferred 30 million XRP from its wallet to the Bitstamp exchange, which is also an On-Demand Liquidity platform (ODL) that operates in Europe. The largest transaction here was conducted by Coinbase as the top-tier San Francisco-based exchange shifted 158,892,690 XRP tokens (74,679,581 USD) between its wallets.

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