Recently published data shows that unusually high activity of XRP wallets has been detected, along with highest XRP sentiment since spring
The Sentiment data aggregator reported that XRP saw unusually high activity among wallets as XRP fell below the $0.03 level and dropped to the seventh position by market cap on Friday.
Amounts larger than $100,000 worth of XRP were shifted by these wallets.
Highest wallet activity and sentiment since spring
According to a recent tweet from the data provider, the analysis team saw the highest amount of Whale XRP transactions since May 13, as these wallets transferred $100,000+ in Ripple-affiliated XRP tokens.
Besides, they claim that the XRP sentiment is currently at the highest level since April this year.
On Friday, as a result of the massive crypto sell-off, XRP slipped to seventh place on CoinMarketCap’s top 10 scale, losing 10% of its market cap and slipping below Binance’s BUSD stablecoin.
The difference between the two coins now constitutes around $2 billion in market capitalization.
210 Million XRP Transferred to BitGo Custody Platform
According to a report by the Whale Alert cryptocurrency tracker, a total of 210.3 million XRP tokens have been transferred in the past 24 hours.
According to several recently published tweets, 132.1 million XRP from that amount were transferred from three different Bitstamp addresses to the BitGo custodial service, which stores crypto for various financial institutions. Its customers also include Ripple, a fintech behemoth.
These transfers included 36,535,296 XRP, 50,000,030 XRP and 45,660,804 XRP, with a total value of $44.4 million.
As for the rest of the money, 40,000,000 XRP was wired to Bitstamp from the Bittrex exchange and 38,200,000 XRP was shifted by the Bitso exchange internally.
On Friday, U.Today covered that crypto giant Ripple and its major ODL partner, Bitso Exchange, based in Mexico, together moved 190 million XRP.
