Ripple: Whales Move Millions of XRP Tokens, a Sell-off Incoming?
Ripple ’s native token XRP is among the top-performing assets after rising nearly 45% in 30 days. XRP went from a low of $0.37 to a high of $0.55 last week and it is now beginning to retrace in value. However, the cryptocurrency is hovering around the $0.50 mark this week, and it is consolidating in price before the next leg-up. On the heels of the latest price run, whales are moving millions worth of XRP to private wallet addresses and exchanges. A whale moved 98,697,364 XRP tokens worth nearly $50 million to two private wallet addresses on April 5th. Also Read: VeChain Implements ‘Fee Delegation’ To Remove Gas Fees in VeWorld Wallet 20,000,000 #XRP (10,082,478 USD) transferred from unknown wallet to #Bitstamphttps://t.co/P8XVoR2NSm — Whale Alert (@whale_alert) April 4, 2023 Hours later, another mysterious whale moved 20 million XRP worth $10 million from an unknown wallet address to the cryptocurrency exchange Bitstamp. The rich list is moving the token after it tou