Ripple initiates a transfer amounting to 522 million XRP; Bitcoin vs USD battle heats up – OBN
Whale watchers took note as XRP’s parent organization [responsible for the periodic dump involving escrow funds] carried out a transfer worth $132.4 million. The receiver’s identity hasn’t been verified yet. Some believe that this may be attributed to an OTC sale order. Ripple still has ownership over the majority of XRP coins.