Is XRP Price Surging Over This Whale Move?
XRP News: Ripple’s native crypto, XRP emerged as one of the most favorable choices among the crypto whales during the highly volatile market conditions. However, crypto whales are still keeping up with the XRP accumulation looking for a price surge ahead.
Are Crypto whales moving XRP price?
As per the data provided by WhaleAlert, crypto whales moved more than 336 million (approx worth $135 million) in multiple transactions over the past 24 hours. The biggest transaction recorded by the tracker has been of moving $89.1 million worth of 336 million XRP tokens to an unknown whale address.
As we dig in, Ripple’s XRP became the most traded token among the top 100 BSC whales on Sunday. It flipped the CAKE token in order to regain the top spot. XRP’s 24 hour trading volume has surged by more than 113% to stand at $1.49 billion. Read More XRP News Here…
A whale accumulated 48.7 million XRPs in the last 24 hours. More than $19.5 worth of XRP was bought from Bitso, a crypto exchange. Meanwhile, whales dumped more than 66 million XRP (approx worth $26.3 million) in multiple transactions. This move suggests that whales utilise the price pump in order to book profit.
XRP price recorded a spike of 5% over the past 24 hours. It is trading at an average price of $0.42, at the press time. Ripple’s native token market cap has breached the $21 billion mark to maintain the 6th spot on the tally of the biggest crypto.
- Will Bitcoin Rally as JPMorgan Tips Fed To End QT at FOMC Meeting?
- White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC
- Ripple Explores New XRP Use Cases as Brad Garlinghouse Reaffirms Token’s ‘Central’ Role
- Kyrgyzstan Adds Binance Coin (BNB) to National Crypto Reserve, CZ Confirms
- Ripple-Backed Evernorth Grows XRP Treasury to $1B Ahead of Nasdaq Listing
- Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
- PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?
- HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move
- Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK
- SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?