What do crypto whales do?

Yesterday, Ripple moved nearly $ 4 billion worth of XRP as of early May.

The San Francisco-based fintech startup transferred 1 billion XRP from its escrow accounts into three separate Ripple-owned portfolios.

$ 21.5 million worth of XRP 100,000,000 shipped from Ripple escrow account
$ XRP 500,000,000 shipped from Ripple escrow account $ 400,8 million shipped from Ripple
escrow account Ripple

In addition, Ripple sent 55 079 311 XRP worth $ 11.8 million to its co-founder Jed McCaleb as part of a settlement process agreed upon after he left the company in 2013.

The total dollar value of the XRP coins that Ripple shipped is just over $ 226 million at the time of writing.

Ripple, which owns more than half of XRP’s total supply, unlocks XRP from escrow every month by making available funds for sale to third parties. The company recently released its latest quarterly report showing that it sold $ 1.75 million in digital assets in the first quarter of this year.

Bitcoin whales are also employed as the week ends, they have moved a total of 19,254 BTC worth $ 168 millions. Ten of the transfers were from crypto exchanges to unknown portfolios, and eight were from unknown portfolios to crypto exchanges. The other three transfers are from one exchange to another.

-641 BTC ($ 5.5 million) – from OKEx to unknown portfolio
-945 BTC ($ 8.2 million) – from OKEx to unknown portfolio
-851 BTC ($ 7.4 million) – from Coinbase to Binance
-800 BTC ($ 6.9 million) – from Bitstamp to Coinbase
-600 BTC ($ 5.2 million) – from unknown portfolio to OKEx
-600 BTC ($ 5.2 million) – from unknown portfolio to Bitstamp
-1322 BTC ($ 11.6 million) – from Binance to unknown portfolio
-600 BTC ($ 5.2 million) – from Coinbase to unknown portfolio
-1001 BTC ($ 8.8 million) – from OKEx to unknown portfolio
-1000 BTC ($ 8.7 million) – from unknown portfolio to OKEx
-1000 BTC ($ 8.8 million – from OKEx to unknown portfolio
-2500 BTC ($ 22.2 million) – from Bitstamp to unknown portfolio
-682 BTC ($ 6 , $ 1 million – from unknown portfolio to OKEx
-797 BTC ($ 7.0 million) – from Huobi to unknown portfolio
-898 BTC ($ 8.0 million) – from unknown portfolio to OKEx
-610 BTC ($ 5.3 million) – from Binance to unknown portfolio
-1142 BTC ($ 9.9 million) – from unknown portfolio to Binance
-700 BTC ($ 6 , 1 million) – from unknown portfolio to bitFlyer
-700 BTC ($ 6.0 million) – from Coinbase to Binance
-565 BTC ($ 4.9 million) – from Binance to unknown portfolio
-1300 BTC ($ 11.4 million) from unknown wallet to Binance