The Whale tracking bot has detected several large transfers of over half a billion XRP in total that have been carried out in the past 24 hours. Each of the largest transfers amounted to a total of 120 million XRP. One of those 120 million was moved from the FTX exchange.
Whale , which tracks major cryptocurrency transfers, has identified nine major XRP transactions between and from crypto exchanges to anonymous wallets.
A total of 120,000,000 XRP was shifted from the FTX exchange to an address marked as anonymous by Whale . Similar amounts of cryptocurrencies were moved internally within the South Korean exchange Bithumb.
The rest of the transfers ranged from 50,000,000 to 40 million XRP. Tracker, Binance, Bitso, Bittrex, BitGo, etc. He counted five transfers of 50 million and two of nearly 40 million XRP tokens made by trading platforms such as.
XRP adoption spreads to Japan and Africa
SBI Motor Japan, a subsidiary of Japan-based financial heavyweight SBI Group, has started accepting payments in two of the top cryptocurrencies: Bitcoin and XRP.
Crypto payments will be arranged and paid out through SBI VC Trade, another subsidiary of SBI Group, a crypto trading platform. SBI Motor Japan operates in the South African region and is focusing on expansion there.
The aforementioned Japanese financial giant, which is also a major Ripple partner, noted in a recent report that crypto usage in South Africa is growing rapidly.
XRP price hovered around $0.431 at the time of writing, while Ripple (XRP) 24-hour trading volume was $2,271,017,632. Ripple (XRP) price is up 2.7% in the last 24 hours. There is a circulating supply of 48 Billion XRP coins, with a total supply of 100 Billion coins. XRP hit an all-time high price of $3.40 on Jan 07, 2018 (over 4 years).