According to Whale Alert, a website that is dedicated to tracking mammoth-size cryptocurrency transactions, almost $96.2 mln worth of XRP tokens have been transferred from the Binance cryptocurrency exchange to an unknown wallet.
That was preceded by another huge XRP transaction that was worth approximately $9 mln to the Malta-based exchange.
On Aug. 2, the cryptocurrency community was caught off guard when Whale Alert tweeted about 1 bln XRP (~$320 mln) tokens being transferred entering the market.
Investors feared whether this would affect the token’s price, but it turned out to be an ordinary escrow release that takes place every month.
Over the last 24 hours, the XRP price recorded a minor 2.52 percent following Bitcoin’s rapid surge to $11,500.