BitMEX Lists XRP for Spot Trading Amid Major Price Decline

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BitMEX Lists XRP for Spot Trading Amid Major Price Decline
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Major exchange BitMEX teasing upcoming launch of XRP and ATOM spot trading

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The amount of 24,600,000 XRP has been shoveled in total, which is the equivalent of $14,849,775. Since the transaction was made by an unknown blockchain address, the community in the comments thread started speculating about the nature of the transaction and who might have initiated it. However, XRP-centered explorer Bithomp revealed that this enormous transaction was made by a wallet linked to Ripple Labs. Two options are possible here. The first is that Ripple cryptocurrency decacorn sent a hefty XRP chunk to sell it via Bitstamp. The second one is not about selling but about supporting Ripple’s blockchain-based system of transnational payments.of more than 11%, dropping from $0.66829 to the $0.59113 price mark.

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