Twitter robots that follow large cryptographic transactions, in particular XRP , Whale Alert and XRPL Monitor, have just noticed 700 million XRPs wired by the Bithumb exchange,
XRPL Monitor has just reported that the main South Korean stock exchange in Bithumb has moved an astounding amount of crypto - almost 700 mln XRP - to an anonymous wallet.
Image via Twitter, @XRPL_Monitor
According to the Bithomp website, which provides analysis on XRP transactions , this anonymous address was created by Bithumb himself. It may therefore simply be an internal reorganization of the funds.
699,999,981 mln XRP total $ 141,383,381. The fees Bithumb paid for the transfer of this huge amount are only 0.00001 XRP , which no bank could have offered.Ondulation releases 1 billion XRP from Under Lock on the arrival of the first day of the new month
Recently, on June 1, Ripple withdrew his regular amount of one billion XRP from his fiduciary vault. However, 800 mln were returned the same day.
The San Francisco blockchain decacorn regularly conducts this operation on the first day of each month.