Over the past 24 hours, Ripple fintech decacorn, along with some top-tier crypto exchanges, has transferred a total of 100 million XRP tokens.
In the meantime, the coin has been trading in the $1.60 range after hitting a peak of $1.96 on Wednesday.
The Whale Alert blockchain sleuth, which tracks large crypto transactions and crypto scams, has published a dozen tweets about XRP transfers made since yesterday.
Among those transactions was one made by Ripple (from the RL18-VN wallet) to the Huobi giant, for 3.4 million XRP. BitGo crypto custodial service and Bitstamp have exchanged around 15 million XRP.