Kraken Exchange Sees Outflow of Over $161 Million in XRP | Crypto

Kraken Exchange Sees Outflow of Over $161 Million in XRP

– On-chain data reveals that an XRP whale transferred more than $160 million worth of XRP from a top crypto exchange.

– According to blockchain tracker Whale Alert, XRP valued at approximately $161.2 million was moved from crypto exchange Kraken to an unknown wallet.

– The transaction cost 0.000012 XRP or approximately $0.00000395 on the XRP Ledger.

– XRP is trading at $0.3295 at the time of writing.

– According to on-chain data of the recipient wallet, the deposit of 500 million XRP is the largest amount received by the address since an infusion of 300 million XRP in November of 2021 from Kraken.

– The massive transaction comes days after analytics firm Santiment revealed that transactions by XRP whales had reached a three-month high.

Half a Billion XRP Kraken Exchange Sees Outflow of Over $161 Million in XRP

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