Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again By Cointelegraph


© Reuters. Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again

Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2.

The blockchain-based payments firm moved the massive amount of tokens in two separate transactions, worth around $219 million in total as of press time. Interestingly, the company transferred the exact same amount of tokens back into escrow only seven minutes later, this time in three separate transactions.

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