- Two significant XRP whale addresses have recently made substantial transfers to Bitstamp and Binance.
- The transfers have coincided with Ripple’s unlocking of 1 billion tokens for June.
- On-chain investigation has hinted at a potential association between one of the whale addresses and Ripple.
Two noteworthy addresses associated with XRP whales have recently made substantial transfers of approximately 100 million XRP, equivalent to $51 million, to the popular cryptocurrency exchanges Bitstamp and Binance.
The timing of these transfers, just before Ripple’s scheduled unlocking of one billion tokens for June, has attracted attention and sparked curiosity within the crypto community.
Whale Alert Reports $12.24M in XRP Movement to Bitstamp
Whale Alert, a prominent platform specializing in tracking and reporting whale activities, brought these transactions to the forefront by highlighting them in…
