XRP News: Whales Move 533 Mln XRP On This Exchange Listing

XRP News: Ripple’s native crypto, XRP is trading low over the past 7 days due to increased volatility in the market. However, the crypto whales are continuously moving XRP across the exchanges in the wake of pending summary judgment in the U.S. SEC Vs Ripple lawsuit.

What XRP Whales Up To?

As per the data provided by WhaleAlert, crypto whales moved more than 533 million XRP tokens (approx worth $198 million) over the past 24 hours. The single largest transaction recorded by the tracker has been of moving 150 million XRP (approx worth $55 million). It is important to note that this huge transaction took off from the wallet tagged as Ripple.

However, the tracker also recorded two hefty transactions of moving 149 million XRP each (approx worth $31 million).

These huge whale movements come ahead of the latest XRP listing news. As per a report, Fuel Hash, a Japan based crypto exchange announced the listing of XRP as the trading pair. It will also list the XRP under its earn lending program. Ripple’s native token will be listed along with cryptos like Bitcoin, Ethereum, and BNB. Read more XRP News Here…

In another major development for XRP, Uphold, a crypto exchange announced that its UK clients can earn up to £50 per month and that too in XRP by spending with the Uphold card.

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Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

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