The data shared by the whale warning password tracking service is A huge amount of 270 million XRP in the last 20 hours It shows that the money was sent by several major exchanges. Ripple, meanwhile, has continued to send regular XRP transfers to Huobi. According to a tweet shared by Whale Alert, Some of the top crypto exchanges in the last 20 hours It transferred a whopping 269.5 million XRP in three transactions.
That equates to a whopping $239,232,115. Among the exchanges participating in the token transfer are Huobi, Binance, Coinbase, and Bybit. The largest amount of 175,434,574 XRP moved from Bybit to Binance. Bitstamp sent 64.5 million XRP to Coinbase Huobi sent 30 million XRP to Binance. Ripple continues to send a portion of XRP to Huobi, China's largest crypto exchange, on a daily basis. As of June 6, the daily amount of XRP the company sent to Huobi was 5,275,250. Prior to that, Ripple sent 6,679,600 XRP to Huobi in a week. Ripple has been doing this for months now. The specific reasons for these remittances have not yet been identified. XRP, the 7th largest cryptocurrency, is trading at around $0.88 on CoinMarketCap.