The Ripple-backed cryptocurrency, XRP, appears to have created a tidal wave of speculations across the crypto realm on Wednesday as the token registered significant whale activity. Two Whale transactions, reshuffling nearly 84 million XRP, caught the eyes of crypto traders and investors globally.
The whale transactions also appear to have gained significant traction as it comes amid the price fall noted by the cryptocurrency in the past 24 hours.
However, in light of the current price fall witnessed by the token in the past 24 hours, some of the top crypto analysts shared sentiments portraying a bullish run for the token’s near future.
Whales Reshuffle XRP: Detailed Report
Following the data unveiled by Whale Alert, a platform streamlining blockchain metrics, two substantial transactions stirred up speculations within the broader crypto market. Collectively, these transactions reallocated 83.9 million XRP amid the token’s price slump today, December 13.
Moreover, as per the data, a
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