XRP price is up by 1.06%, trading at $0.4863.
Millions of XRP coin transfers have been found over the past month.
XRP, is one of the prominent altcoins, despite being one of the top cryptocurrencies by market cap. It has experienced a prolonged period of underperformance due to ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). This week also marked a bearish phase with a 7% decline.
Currently, XRP is trading at $0.4863, up by 1.06% in the past 24 hours. With a market cap exceeding $26.9 billion, the trading volume has soared by 9.40% to $1.28 billion.
Amid the bears’ dominance, whales have been taking advantage of the situation by dumping large amounts of XRP. And it leads to downward pressure on the token’s price. Recently, a significant whale transferred approximately 52 million XRP coins to exchanges within the past 24 hours. This whale activity raises concerns about market sentiment and future price movements for XRP.
XRP Whales Are Bear
We współpracy z: https://thenewscrypto.com/xrp-whales-dumping-activities-raise-concern-among-community/
