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Crypto-whale observers follow important movements of XRP from Ripple.
On the last day, the company transferred 85,299,895 XRP worth more than $ 30 million in five separate transactions.
- 10,000,000 XRP valued at $ 3.5 million, from Funding Portfolio 1 to Unknown Portfolio.
- 19,999,895 XRP valued at $ 7.2 million from Ripple OTC Distribution portfolio to unknown portfolio
- $ 20,000,000 XRP worth $ 7.2 million from Ripple Portfolio to XRP II Portfolio
- 15,000,000 XRP, worth $ 5.4 million, from Ripple to an unknown portfolio
- 20,300,000 XRP valued at $ 7.3 between Ripple and Ripple OTC Distribution Portfolio
Since Ripple typically sells XRP from its OTC distribution portfolios, one of the transactions appears to be a $ 7.2 million XRP sale to a third party.
19,999,895 #XRP ($ 7,217,572) was transferred from Ripple OTC Distribution to a stranger
Tx: https://t.co/HBgeL1Kheo
– Whale alert (@whale_alert) April 6, 2019
Earlier this month, Ripple released over $ 1 billion worth of XRP worth over $ 300 million to allow funds to be sold on cryptography and equity exchanges. other institutions.
Meanwhile, Ripple co-founder Chris Larsen sends to an American university what is described as one of the most important gifts ever made on digital media.
Larsen and his wife Lyna Lam announced that they were going to give $ 25 million to the state of San Francisco, with the bulk of the donation being denominated in XRP.
Larsen is a graduate of SF State and College of Business. The university will use this gift to develop programs that allow students to become familiar with the global entrepreneurial and fintech ecosystems.
"This innovative gift will position the College of Business as the epicenter of innovation and entrepreneurial evolution, extremely diverse and relevant to the industry. Chris, Lyna and Rippleworks are innovators and their gift will inspire our students to creatively and strategically address the business and technology landscape to become the next generation of entrepreneurs and global business leaders. "
In 2017, Berkeley accepted its first donation in Bitcoin valued at more than $ 50,000. According to a Bloomberg report, MIT and Cornell both accepted undisclosed amounts in cryptographic donations.
Ripple is also using its new Blockchain Research Initiative (UBRI) university research initiative to donate $ 50 million to more than a dozen universities around the world, promoting blockchain education and training. encryption.
The company has also created a social impact effort called "Ripple for Good" and recently donated $ 1 million to help struggling families in the San Francisco Bay Area.
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