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XRP News: Are Crypto Whales Riding XRP Price Surge?

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January 11, 2023
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XRP price News

XRP News: Ripple’s native crypto, XRP price, and its community has been riding high over the recent development in the crucial SEC Vs Ripple lawsuit. However, crypto whales have been on an XRP accumulation spree utilizing the “Buy The Dip” opportunity.

Whales move 200 mln XRP

As per the data provided by WhaleAlert, crypto whales have managed to move more than 200 million XRP tokens (approx worth $72.6 million) in the last 24 hours. However, XRP price have surged by around 5% in this period.

Crypto whale bought more than 77 million XRP tokens in multiple transactions. Around $27 million worth of Ripple’s native token was bought from Bitso, a crypto exchange in the last 24 hours. However, the largest accumulation transaction recorded has been of adding 44 million XRPs. Read More XRP News Here…

Meanwhile, some whales moved their XRP holdings to crypto exchange amid the recent price surge. As per the data, Crypto whales sent 80 million XRP tokens (approx worth $28 million) to Bitstamp. However, a wallet tagged as Ripple moved 50 million XRP (approx worth $17.4 million) to an unknown address.

The post XRP News: Are Crypto Whales Riding XRP Price Surge? appeared first on CoinGape.

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