Hundreds of Millions of XRP Transferred as XRP Price up 6.53%

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Hundreds of Millions of XRP Transferred as XRP Price up 6.53%
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357 million $XRP moved by whales, XummWallet says it can pick up all former Coinbase XRP holders. WietseWind

On Nov. 29, Coinbase announced that it intends to stop servicing users of XRP, XLM, ETC and BCH. The reason they referred to is that there is low activity around these coins on the wallet.

Many from the XRP army felt hurt as this reminded them of Coibase shutting down XRP trading in early 2021 after the SEC announced its legal war on Ripple Labs, CEO Garlinghouse and co-founder Larsen. Back then, XRP users were still allowed to use the wallet for storing, depositing and withdrawing XRP. But that will all end as of January 2023.

The developer of Xumm wallet Wietse Wind assured followers that the wallet is combining all of the advantages of both cold and hot wallets.

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