XRP News: Ripple’s native cryptocurrency, XRP, is in a downtrend because of increased volatility in the cryptocurrency market. However, XRP prices usually react to U.S. SEC Vs. Ripple updates. Despite no updates from the XRP suit, Crypto whales were caught moving large amounts of XRP.
Whales dump 95 million XRP
WhaleAlert data shows that more than 387 million of the XRP tokens, which are worth approximately $150 million, have been transferred across the exchanges within the last 24 hours. The tracker’s single largest transaction was the transfer of approximately 150 million XRP (approx. $60 million) to an unidentified wallet.

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Over the past 24 hours, Crypto whales have poured around 95 million XRP (approx. $37 million) in multiple transactions. The largest transaction was the 35 million XRP tokens being deposited on Bitstamp’s crypto exchange. Find More XRP News here…

Whales Scoops 143 Million Ripple’s Native Token

Over the past 24 hours, XRP prices have suffered a 4% drop. At press time, it trades at an average price $0.388, Its daily trading volume of $1.05 billion has fallen by 8% in 24 hours. Despite facing a lawsuit by the US SEC, XRP still has a market capital of $19.7 billion.
Many crypto whales took advantage of the price drop to add more XRP. In multiple transactions, whales added approximately 143 million XRP (approx. $55.3 million). The largest transaction was the accumulation of 63.5 million XRP (approx. worth $25.5 million).
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