Major Money Transactions Cross the Crypto Market: Whale Alert

Over the past twenty hours, a lot of money has been sent to many different exchanges. This is a lot of money.

Major Money Transactions Cross the Crypto Market: Whale Alert

Meanwhile, the #1 finance company continues to send money. They only have less money than yesterday.

270 million XRP on the move

Over the past twenty hours, several top trading venues have transferred 269.5 million XRP in three transactions. That equals to a lot of money!

Many exchanges took part in the transfers. From Huobi to Binance, 64 million XRP was moved. Bitstamp sent 64 million XRP to Coinbase and 30 million coins went to Binance.

Ripple sends another XRP stash to Huobi

A company that does fintech stuff is sending XRP to Huobi. Starting on June 6, the amount of coins sent each day has been 5,275,250. Before then, the company was sending 6,679,600 XRP for a week.

Ripple has been doing this for a while. No one knows the reasons for these transfers yet. At the time I wrote this, Ripple was trading at $0.88 cents, which is the seventh largest cryptocurrency.

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