Ripple Transferred 31 million XRP of worth $7.4 million to its OTC Wallet
It is reported that Ripple has just transferred 31,000,000 XRP to its OTC distribution wallets before the closing of the third quarter. The worth of 31 million XRP is about $7.4 million. It is said that Ripple Foundation has sold the XRP to various enterprises, institutions and crypto exchanges using the over-the-counter distribution wallet.