Data: Over 425 million XRP transferred from Bitvavo to unknown wallet, worth approximately 220 million USD

ChainCatcher news, according to Whale Alert monitoring, 425,322,309 XRP (approximately $213,135,940) was transferred from Bitvavo to an unknown wallet (address starting with r4fxv).

Previously, according to Whale Alert monitoring, on September 2 at 23:31:12 Beijing time, a whale address starting with rp6J transferred 424,875,620 XRP to an unknown address, with a total value of approximately $213 million.

It is reported that this whale address first aggregated a total of 427 million XRP tokens to an address starting with rK3P through multiple addresses on August 20; thereafter, the address starting with rK3P transferred 750,000 tokens to the Dutch exchange Bitvavo and transferred the remaining tokens to the next address; this process was repeated, ultimately aggregating to the current address. In the past week, this whale has cumulatively transferred 3.55 million XRP to the exchange during this transfer process, approximately $1.76 million.