XRP News: The global digital asset market is trading under increased volatility due to increased scrutiny of the US SEC. Amid the broad sell off, several crypto whales have been spotted moving huge amounts of Ripple’s native crypto, XRP. However, this move comes in when Ripple is gaining support in the long running XRP lawsuit.
XRP Whales Adding In Dip
As per the data provided by WhaleAlert, crypto whales went on to move more than 126 million XRP tokens (approx worth $50 million) in multiple transactions over the past 24 hours. However, whales this move comes in when XRP price have declined by over 7% in the last 30 days.
Crypto whales went on to dump around 68 million XRP tokens (Approx worth $27 million) in multiple transactions over the past 24 hours. However, the largest dumping transactions recorded by the tracker have been of moving around $13.6 million worth of XRP to the Bitstamp crypto exchange. While other whale shifted 33 million XRP to the same exchange. Read More XRP News Here…
XRP price have dropped marginally over the past 24 hours. Its 24 hour trading volume is up by 2% to stand at $1.03 billion. It is still holding a market cap of over $20 billion despite facing legal actions from the US SEC.
However, the whale went on to seal the buy the dip opportunity. Whales went on to add 58.8 million XRP tokens (approx worth $23 million) in multiple transactions. The biggest accumulation transaction recorded by the tracker has been of adding 31 million XRP tokens (approx worth $ 13.6 million) from the Bitso crypto exchange.
The post XRP News: 126 Million XRP On The Move As Ripple Gains Support appeared first on CoinGape.
- Mobile app
- Telegram Channel
- Telegram Group
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks