{"id":36833,"date":"2020-01-19T07:43:28","date_gmt":"2020-01-19T12:43:28","guid":{"rendered":"https:\/\/www.opensource.im\/uncategorized\/140600000-in-bitcoin-btc-exits-cryptocurrency-exchange-as-whale-moves-6320422-in-xrp-the-daily-hodl.php"},"modified":"2020-01-19T07:43:28","modified_gmt":"2020-01-19T12:43:28","slug":"140600000-in-bitcoin-btc-exits-cryptocurrency-exchange-as-whale-moves-6320422-in-xrp-the-daily-hodl","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/bitcoin\/140600000-in-bitcoin-btc-exits-cryptocurrency-exchange-as-whale-moves-6320422-in-xrp-the-daily-hodl.php","title":{"rendered":"$140,600,000 in Bitcoin (BTC) Exits Cryptocurrency Exchange As Whale Moves $6,320,422 in XRP – The Daily Hodl"},"content":{"rendered":"

Whale activity is picking up steam as a big week in the crypto markets comes to a close.<\/p>\n

In a 12-hour span, an anonymous crypto whale moved 16,001 Bitcoin (BTC), worth $140.6 million, from the crypto exchange OKEx to an unknown wallet.<\/p>\n

While its possible that the whale is OKEx itself moving funds on behalf of its customers, the exchange has not announced plans to move mass funds. The transfers come a day after Bitfinex reportedly moved 123,447 Bitcoin worth $1.1 billion between two of its wallets.<\/p>\n

Heres a look at all of the large OKEx transfers in the last day.<\/p>\n

Meanwhile, traders are also following a lone crypto whale who moved 27,000,000 XRP worth $6.3 million from the crypto exchange Bithumb to an unknown wallet.<\/p>\n

27,000,000 #XRP (6,320,422 USD) transferred from #Bithumb to unknown wallet<\/p>\n

Tx: https:\/\/t.co\/cTFFpOSJ3e<\/a><\/p>\n

Whale Alert (@whale_alert) January 17, 2020<\/p>\n

Both Ethereum and XRP whale activity has been limited over the past week.<\/p>\n

Regarding the second and third largest cryptocurrencies by market cap, the most talked-about transfer was a movement of 100,000,000 XRP from Ripple. The payments startup, which owns more than half of all XRP in existence, moved the trove of XRP, which is worth $21.8 million, out of an escrow wallet on Tuesday.<\/p>\n

The transfer frees up funds for Ripple to sell to institutions over-the-counter and on crypto exchanges. In recent months, Ripple has reduced the amount of XRP its selling. In the third quarter of 2019, the company reported selling XRP totaling $66 million, down from $251 million in the second quarter.<\/p>\n

Ripples fourth quarter report is expected this month.<\/p>\n

<\/p>\n

Read more here:
\n$140,600,000 in Bitcoin (BTC) Exits Cryptocurrency Exchange As Whale Moves $6,320,422 in XRP - The Daily Hodl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Whale activity is picking up steam as a big week in the crypto markets comes to a close. In a 12-hour span, an anonymous crypto whale moved 16,001 Bitcoin (BTC), worth $140.6 million, from the crypto exchange OKEx to an unknown wallet. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24697],"tags":[],"class_list":["post-36833","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/36833"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=36833"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/36833\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=36833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=36833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=36833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}