Ripple's crypto-asset, XRP was trading at $0.62215 by 00:01 (05:01 GMT) down 10.29% on the day.
XRP traded at $0.575812 USD, with a daily trading volume of $19,587,373,613 USD.
Ripple is about 30% up and it's now the third most valuable crypto by market value.
XRP has a circulating supply of 45 billion coins and a max supply of 100 billion coins.
Ripple, presently has a valuation of $10 billion, trailing behind Stripe that recently acquired Nigerian PayStack.
Unknown identity transferred 89,999,980 XRP worth 22,515,762 USD from an unknown wallet to Coinbase
An advanced crypto analytic tracker revealed 800 million XRP was locked in an escrow account some hours ago.
Ripple opened 1 billion XRP valued at $240 million from an escrow account.
MoneyGram collected $9.3 million in Q3 from Ripple for market development fees.
Ripple is considering moving its headquarters overseas due to the complexity in U.S regulations.