Ripple shifts 310 million XRP following recent Binance security breach

Ripple executed three large XRP transactions totaling nearly 310 million tokens within minutes of each other, according to on-chain data reported by Whale Alert. The most recent movement involved a transfer of 120,000,000 XRP, valued at $150,565,645, from a Ripple-linked address to an unknown wallet. The remaining two transactions involved funds moving into Ripple-linked addresses from unknown wallets. These transfers totaled 190 million XRP. Specifically, Whale Alert identified two separate incoming transfers: one of 90,000,001 XRP worth $112,962,219 and another of 99,999,999 XRP worth $125,555,158. The source of these movements is not yet officially confirmed by Ripple.