20,000,000 XRP to top Korean exchange, here’s what’s going on

Whale Alert reported that 20 million XRP was transferred to Bithumb, the second-largest exchange in South Korea. This transaction was internal, not a payment to the SEC, with the current XRP price at 2.50 USD.

Recently, XRP experienced a drop of 6.74% from 2.60 USD to 2.42 USD before a brief recovery. Additionally, a trader profited 7.5 million USD by closing long positions on XRP and ETH.

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