Ripple Moves $389 Million of XRP Amid Aid for Binance Hack

The San Francisco blockchain firm backing XRP, Ripple, has just pulled a mysterious XRP move that could barely go unnoticed considering the volume of the tokens involved. According to the latest data provided by blockchain tracker Whale Alert, Ripple has been spotted moving hundreds of millions of XRP, a few hours after it announced support for Binance's attack. Per the data, Ripple has conducted multiple transactions carrying a total of 310 million XRP worth over $389.08 million with an unidentified wallet address on Friday, October 30. While the transfers were made in three separate transactions within just a few minutes, the data showed that they were conducted when XRP was trading at around $1.25.

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