“XRP” is the Top Traded Token among Whales Despite Price Dump; What’s Going On?
XRP News: On Saturday, the global digital asset market saw a slight surge in price as the largest cryptos like Bitcoin (BTC), and Ethereum (ETH), prices declined due to increased selling pressure. Despite the recent decline in Ripple’s native cryptocurrency, XRP, BSC whales were caught moving it.
XRP Price Dropped by 17%
Based on the records of the past 90 day, XRP is the largest loser among the top 10 cryptocurrency coins. The XRP price dropped by a significant 17% during the mentioned period. Bitcoin prices have risen by 10% in the last 90 days.
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The XRP price drop shows that it has not been able to ride on the relief rally. However, other tokens have managed to recover by printing green indicators. This drop was caused by the US SEC Vs Ripple lawsuit which has continuously sent out positive news about the token. Read More XRP News…
According to the data, the XRP price has risen by 21% in the past 30 days. This surge has not impressed traders as other major cryptos such as Cardano (ADA), Polygon (MATIC), and Polygon (MATIC), prices jumped by 50%, 53%, and respectively, over the same time period.
BSC whales travel to Ripple’s native symbol
It seems that XRP is the preferred choice of the largest BSC whales. According to data, XRP is the most traded token among the whales in the last 24 hours. Ripple’s native token traded 24 hours less than expected, averaging $689 million.
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We also discovered that XRP landed on the list of top 10 tokens bought by the largest BSC whales within the last 24 hours. Data shows that the top 100 BSC Whales now hold $29.23 million worth XRP, which is 2.53% of their total holdings.
XRP trades at an average price $0.412 on the market at press time. It has a market capitalization of approximately $21 billion.
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