US cryptocurrency exchange, Coinbase, today, released an S-1 filing ahead of its direct listing.
An unknown entity transferred 8,000 BTC (399,897,857 USD) from an unknown wallet to Coinbase.
Someone moved 4,501 BTC (256,327,624 USD) transferred from Coinbase to an unknown wallet.
XRP now has a market value of about $22 billion, while Polkadot has a market value of $14.6 billion.
XRP traded at $0.404171 with a daily trading volume of $25.9 billion and is up 42.33% for the day.
Coinbase is currently opting for direct listings in order to avoid diluting its existing shareholders and handing over cheap stock to new investors.
XRP traded at $0.28334, showing a gain of 20.58% on the day.
Jed McCaleb was able to gain $411 million in XRP sales throughout 2020 bringing his total gains from selling XRP to $546 million.
Litecoin is now the fourth biggest crypto by market value, standing at $10.425 Billion
The plunge pushed XRP's market cap down to about $9 billion or 1.32% of the total crypto market value.
