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According to a series of tweets from Whale Alert, Ripple and other crypto exchanges have transferred 72 million XRP coins in the last twenty-four hours.
This include Bitstamp, Coinbase, Upbit, Binance, Bitrue, BitGo, and a few others.
Ripple, in particular, wired 10 million XRP to the biggest ODL corridor in Latin America – Mexico-based Bitso platform. The transaction was made with the RL18-VN wallet.
At the new XRP rate of $1.62 per token, the cumulative value of the exchanged XRP is a staggering $116,423,167.
After reaching $1.49 on April 11, the fourth largest digital currency by market cap fell slightly and traded around $1.4 for a few days.
According to CoinMarketCap numbers, it peaked at $1.95 on April 14 and is currently trading at $1.62 at the time of writing.