Despite the recent favorable advancements made by the Ripple community within the crypto universe, crypto market enthusiasts’ attention has been drawn to a massive whale transaction orbiting the XRP cryptocurrency. As of today, November 18, a whale transferred humongous amounts of XRP from a centralized exchange to an unknown wallet. Following the whale movement, the XRP price witnessed a marginal plunge.
Whale Alert, a platform monitoring whale transactions, revealed data showcasing the transfer and nabbed significant attention throughout the broader crypto markets, signaling a noteworthy shift in the XRP digital asset.
XRP Whale Transfer Amid Positive Outlook
According to the data disclosed by Whale Alert, an unknown address on Bitso, rLSn6Z3T8u…Fdn5CyGujK, transferred an astonishing 16.60 million XRP to an unknown wallet, rHBXf41ccu…9EtsJ5aLm1, today. As of writing, the XRP transferred by Bitso to the unknown wallet totals $10.08 million.
The aforementioned transaction wherein

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