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XRP News: XRP Trade Volupts by 90%; Whales Move 500 M XRP

XRP News: XRP is Ripple’s native token, and its price is falling despite positive updates from the SEC lawsuit. The XRP price has fallen 11% over the past 7 days. Whales took advantage of the price dip to buy XRP on a rampage.
WhaleTracker data shows that more than 500 million XRP tokens were moved by crypto whales within the last 24 hours. These wallets were able to transact $172million worth of XRP tokens.

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Whales have moved approximately 431 million XRP tokens, which is roughly $147 million, from crypto exchanges into personal wallets. The tracker has recorded 325 million transactions. The Binance crypto exchange was used to move around $112 million worth XRP tokens.

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However, 50 million XRP tokens were moved from Ripple-tagged address.
This has caused XRP 24 hours trading volume to rise by 90%. It now stands at $1.08 trillion. The XRP price has risen marginally over the past 24 hours. At press time, XRP trades at $0.3413 on average.
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In the meantime, crypto whales have disposed of 72.5 million XRP tokens in the last 24 hours. Over $24 million worth XRP tokens was moved from whale addresses to Bitstamp’s crypto exchange.
Despite legal tussle by the SEC, XRP still has a market capital of more than $17.1 billion.

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