In a thrilling plot twist witnessed within the cryptocurrency realm, an XRP whale’s colossal transfers to CEXs appear to be gaining significant traction as the Ripple-backed token regained an upward momentum today, topping the $0.6 mark. Insights revealed by the blockchain tracker Whale Alert showcased nearly 45 million XRP on the move, stirring a whirlpool of speculations among crypto market enthusiasts globally.
Today’s XRP Whale Activity
Following the sluggish performance showcased by XRP due to legal disparity between Ripple and the US SEC, a recent pump, with the token even scaling $0.7 on March 12, amassed significant attention among crypto market traders and investors. Today’s whale transactions, however, illustrating a reaction contrary to the pump, surfaced, birthing a torrent of inferences across the broader crypto market.
Whale Alert’s data spotlighted two significant transfers, collectively showcasing 44.9 million coins shifted. The first transaction showcased 19.3
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