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Popular tracking service Whale Alert tracked five large transactions, during which a total of 240 million XRP were transferred. Some of the tokens were sent by the tech giant Ripple.
San Francisco-based Ripple has transferred a whopping 60,000,000 XRP to one of its L18-VN wallets, which is often used to move funds to other organizations – banks, exchanges or crypto vaults.
At current exchange rates, 60M XRP equals $ 46,471,076.
🚨 🚨 🚨 🚨 60,000,000 #XRP (46,471,076 USD) transferred from Ripple to unknown wallethttps://t.co/zkfb0hyDMu
— Whale Alert (@whale_alert) January 12, 2022
The rest was moved by the South Korean exchange Bithumb between its own wallets.
The platform’s largest transaction involved 130,000,000 XRP (equivalent to $ 99,879,530). Other transfers contained 20,000,000, 15,000,000 and 15,000,000 tokens.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 130,000,000 #XRP (99,879,528 USD) transferred from unknown wallet to #Bithumbhttps://t.co/zBm1R8Abgf
— Whale Alert (@whale_alert) January 12, 2022
The total amount of XRP transferred was $ 183,837,570.
The XUMM wallet, developed by XRPL Labs, has partnered with the FIO Protocol. As a result of the collaboration, the integration of FIO Send with the XUMM wallet took place, which will allow wallet users to send XRP to human-readable addresses, avoiding the use of cumbersome and inconvenient auto-generated addresses.
From now on, XUMM users can choose the FIO cryptographic descriptor in the alice @ website or satoshinakamoto @ xumm format. This will likely make it easier for new users to make XUMM and XRP payments, who are not comfortable using crypto addresses in the traditional format of a set of mixed numbers and symbols.
Starting January 11, users will be able to select unique descriptors to send XRP on the FIO Protocol website completely free of charge.
As of this writing, the eighth largest cryptocurrency is trading at $ 0.7882, with a 5.8% daily gain, according to CoinGecko.
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