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<p>Bitstamp, one of the leading digital currency exchanges, has <a href="https://twitter.com/whale_alert/status/1754262789340745912" rel="noopener noreferrer nofollow">received</a> a substantial transfer of XRP.&nbsp;</p>
<p>According to Whale Alert, a popular service that tracks large cryptocurrency transactions, a total of 29 million XRP, valued at approximately $14.7 million was transferred from an unknown wallet to the exchange.&nbsp;</p>
<h2 id="a-wave-of-major-xrp-transfers">A wave of major XRP transfers</h2>
<p>On February 2, a remarkable transaction involving 40 million XRP, worth close to $20 million, was recorded to Binance, highlighting XRP's global allure.&nbsp;</p>
<p>That same day, Bitso was the recipient of an impressive 37.9 million XRP transfer, totaling more than $19.1 million, which underlines the international appeal of <a href="https://u.today/ripples-xrp-services-to-go-live-in-us" rel="noopener noreferrer nofollow">XRP</a>.&nbsp;</p>
<p>Furthermore, Bitstamp received a substantial influx of 29.7 million XRP, valued at over $15 million.&nbsp;</p>
<p>In an even more striking move, Jan. 24 saw an enormous transfer of nearly 196.4 million XRP, equivalent to over $101.4 million, from Bitvavo to an unidentified wallet.&nbsp;</p>
<h2 id="xrp-s-price-recovery">XRP's price recovery &nbsp;&nbsp;</h2>
<p>Currently ranked sixth by market capitalization, XRP is trading at $0.5042, with a slight increase of 1.1% over the past 24 hours.&nbsp;</p>
<p>After the recent hack involving Ripple co-founder Chris Larsen's <a href="https://u.today/breaking-ripple-co-founder-confirms-hack-xrp-price-plunges" rel="noopener noreferrer nofollow">personal XRP accounts</a>, which saw the theft of approximately 213 million XRP valued at around $112.5 million, the token saw a substantial price drop. However, it has now pared most of its losses.&nbsp;</p>

Bitstamp Receives Massive XRP Transfer

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