Claim BonusXRP News: 411 Million XRP On The Move; XRP Reclaims 6th Spot
XRP News: XRP, the Native crypto of Ripple has turned out to be the most profitable token among the top 10 digital assets over the past 30 days. XRP price has surged by more than 12%, While the largest crypto Bitcoin (BTC) price is up by just 6% in the same period. This price move has helped XRP to reclaim the 6th spot in the tally.
Whales moving huge amounts of XRP
According to the data provided by WhaleAlert, more than 411 million XRP have been moved in the last 24 hours. Whales bought over 76.9 million XRP tokens (approx worth $30 million) in multiple transactions.
However, the biggest transaction recorded by the whale tracker has been of adding $16.6 million worth of XRP from the Binance crypto exchange.
Meanwhile, the whale tracker recorded an unusual transaction of moving 300 million XRP tokens (approx worth $115.97 million) were moved from Binance to an unknown wallet. However, this transaction comes amid the heavy withdrawals registered from the Binance, crypto exchange.
CZ, CEO of Binance mentioned that this is just a FUD. it has been following the crypto exchange since its ICO back in 2017. Coingape reported that deposits are coming back to the Binance. He added that the FUD surrounding Binance facing FTX contagion and a probe by DOJ is the reason behind the massive withdrawals.
Ripple’s native token regains 6th spot
On the other hand, a whale also moved around $13.8 million worth of XRP tokens to the Bitstamp crypto exchange amid the recent price surge.
XRP price is up by around 12% over the past 30 days. Ripple’s native crypto is trading at an average price of $0.39, at the press time. Its 24 hour trading volume has jumped to stand $972 million.
This price surge has helped the XRP to reclaim the 6th spot in the tally of top digital assets. XRP is holding a massive market cap of over $19.66 billion despite facing a lawsuit from the SEC.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- OpenAI Introduces Smart Contract Benchmark for AI Agents as AI and Crypto Converge
- Goldman Sachs CEO Discloses Bitcoin Stake, Backs Regulatory Push Amid Industry Standoff
- FOMC Minutes Signal Fed Largely Divided Over Rate Cuts, Bitcoin Falls
- BitMine Adds 20,000 ETH As Staked Ethereum Surpasses Half Of Total Supply
- Wells Fargo Predicts Bitcoin Rally on $150 Billion ‘YOLO Trade’ Inflow
- BMNR Stock Outlook: BitMine Price Eyes Rebound Amid ARK Invest, BlackRock, Morgan Stanley Buying
- Why Shiba Inu Price Is Not Rising?
- How XRP Price Will React as Franklin Templeton’s XRPZ ETF Gains Momentum
- Will Sui Price Rally Ahead of Grayscale’s $GSUI ETF Launch Tomorrow?
- Why Pi Network Price Could Skyrocket to $0.20 This Week
- Pi Network Price Beats Bitcoin, Ethereum, XRP as Upgrades and Potential CEX Listing Fuels Demand
