XRP News: Ripple’s native cryptocurrency, XRP price has been riding high following the recent developments in the important SEC Vs Ripple litigation. Crypto whales have been on a XRP accumulation spree by taking advantage of the “Buy The Dip” opportunity.
WhaleAlert data shows that crypto whales have moved more than 200 million XRP tokens, which is approximately $72.6 million. However, the XRP price has risen by approximately 5% during this time.

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In multiple transactions, Crypto whale purchased more than 77,000,000 XRP tokens. Bitso, a cryptocurrency exchange, purchased Ripple’s native token for $27 million in the last 24 hours. The largest accumulation transaction was however the addition of 44 million XRPs.

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During the recent price rise, some whales transferred their XRP holdings onto crypto exchange. According to data, 80 million XRP tokens were sent by Crypto whales (approx. $28 million) via Bitstamp. A wallet identified as Ripple sent 50 million XRP (approx. $17.4 Million) to an unidentified address. You can read more XRP news here…
In the last 7 days, XRP prices have risen by more than 6 percent. At press time, Ripple’s native cryptocurrency is trading at $0.3639 on average. However, the 24 hour trading volume dropped by 3% to $1.1 billion.
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