Ripple Moves 72 Million XRP Thru Large ODL Corridor

Ripple Moves 72 Million XRP Thru Large ODL Corridor

In a succession of twitter tweets from Whale Alert, it confirms that in the past twenty-four hours, a total of 72 million XRP tokens has been reposition by Ripple and several crypto exchanges.

The list includes Bitstamp, Coinbase, Upbit, Binance, Bitrue, BitGo, and a few others.

In particular, blockchain Ripple wired 10 million XRP to its largest ODL corridor in Latin America, Mexico-based Bitso Platform. The transaction was made from the RL18-VN wallet.

The total value of the transferred XRP constitutes a whopping $116,423,167 at the current XRP rate of $1.62 per token.

After rising to the $1.49 level on April 11, the fourth largest digital currency by market cap made a slight drop and traded near $1.4 for a couple of days.

On April 14, it reached a $1.95 peak and at the time of writing is changing hands at $1.62, as per the data from CoinMarketCap.

Ripple (XRP) price saw a steep price increase over the past 24-hours, as exchanges continue to move great quantities of the token.

According to CoinMarketCap data, XRP reached a price of nearly $1.76, registering a 27.90% growth from its 24-hours low of $1.33.