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Whales Perform Multiple Transactions Involving XRP Tokens

The infamous Ripple vs SEC lawsuit has been creating tension for XRP. Despite the recent dips in XRP prices, crypto whales are out in force, moving a staggering 114.5 million tokens. An on-chain data provider Whale Alert spotted a series of mounting transactions in the last 24 hours.

According to the data provider, 114,504,136 XRP tokens (worth $45,329,305) were moved in three different transactions in the past 24 hours. Whale Alert recorded a transfer of 34,000,000 XRP from an unknown wallet to Bitstamp. The transaction occurred on February 20, and the tokens are worth $13,535,175.

Other notable transactions involving XRP tokens include a transfer of 30,200,000 XRP coins worth $12,032,257 from Bitso to an unknown wallet. And lastly, another whale moved 50,304,136 XRP tokens worth $19,761,873 from Binance to an anonymous wallet.

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