Over the past twenty hours, a lot of money has been sent to many different exchanges. This is a lot of money.
Meanwhile, the #1 finance company continues to send money. They only have less money than yesterday.
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.
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.