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Ripple Locks 600M XRP in Escrow, as Whales Move 612M XRP

According to data from Whale Alert, a cryptocurrency whale tracking service, Ripple locked 600M XRP tokens worth $246.6M in its escrow wallet. It bears mentioning that Ripple first moved the funds from two of its wallets to the escrow wallet before locking them in escrow. 

The first transaction took place around 12 hours ago. According to Whale Alert, Ripple transferred 500M XRP ($200M) to its escrow wallet. A few minutes later, Ripple moved another 100M XRP tokens ($39.65M) to the escrow wallet. 

Meanwhile, Whale Alert also observed large amounts of XRP tokens transferred by cryptocurrency whales before and after Ripple locked 600M units of XRP in escrow. Interestingly, Ripple was involved in the latest round of XRP movements. 

(By LELE JIMA)

XRP XRP $1.40
-3.09%
Ripple XRP
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