Massive XRP Whales Shift 313 Million XRP in One Fell Swoop
According to cryptocurrency whale tracker Whale Alert, massive XRP whales have moved 313 million XRP in just one transaction. According to Whale Alert, 313,218,266 XRP worth $148,102,802 was moved in between wallets in recent hours.On Oct. 29, an amount of 40,614,705 XRP worth $19,293,636 was transferred from the crypto exchange Bitstamp to an unknown wallet.
Regarding XRP movement, Ripple notes in its Q3 2022 report that three billion XRP were released out of escrow at one billion per month, following previous quarters and the official escrow agreement. Throughout the quarter, 2.1 billion XRP in total was returned and subsequently placed into new escrow contracts.Also, Ripple gives an important update on the amount of XRP held across Ripple's various wallets. It notes that for the first time, the amount of XRP held in Ripple wallets is below 50 billion,
Source
https://t.me/Cronos_Cardano_Ripple
