According to the prominent blockchain tracker and Twitter Account Whale Alert, 480 million XRP have been transferred in the past hours.
Among the several transactions, the most prominent were one of 214,000,000 XRP ($73,525,151 USD) and another one of 100,000,000 XRP (worth $34,004,188 USD).
The two senders were Ripple Labs and Binance. Both companies carried out these huge transactions among internal wallets.
The remaining part was sent among “unknown” wallets, except for one (59,400,000 XRP) carried out by the crypto unicorn exchange Bitso for internal reasons.