XRP price at $1.28: Binance hacker parks 233 million XRP in six wallets

The XRP price stood at $1.28 on Tuesday evening, November 3, up 3.7 percent on the previous day. Yet a holding that shows up on no price screen hangs over the market: 233.46 million XRP from the Binance hack of October 29, worth around $299 million at the current price. Overnight into Monday, the attacker spread it across six new wallets. What is established: by Tuesday evening, not one of these six wallets had sent a single payment, as our own query of the XRP Ledger shows. Our assessment follows further down.