240 Million XRP Moved???? Woow 😱

CharorowtzXD

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According to Coingape com, Whale alert reported that almost 240 million XRP (worth approx $81.08 million) coins have been moved by multiple whales in the last 24 hours.


According to them, Ripple and the defendant in the XRP lawsuits received a major win on Friday morning. The SEC surrender the crucial Hinman speech document to Ripple. However, the crypto whales reportedly moved a huge amount of Ripple’s native crypto before the XRP news broke out.

Whales on XRP accumulation?​

Whale alert reported that almost 240 million XRP (worth approx $81.08 million) coins have been moved by multiple whales in the last 24 hours.

Around 100 million XRP were moved by the whale from the Bitstamp crypto exchange to multiple wallets. The biggest transaction recorded by the tracker has been of adding $28.34 million worth of XRP crypto from the same platform.

However, $63 million worth of XRP crypto was moved from an unknown wallet to different wallets. Around 140 million of the XRP tokens are on the move now.

The whales’ interest is on a constant rise as positive signals have recently been reported from the crucial SEC vs Ripple case. These major transactions were reported before the major XRP news broke out.


Will Ripple’s token react to this update?​

Meanwhile, XRP prices haven’t reacted to this major update in the case. XRP prices are down by around 4% in the last 24 hours. However, its trading volume has jumped by around 25% to stand at $1.8 billion.

As per data, the whales have been accumulating the XRP token since the summary judgment phase began in the Ripple lawsuit. On October 19, 2022, Whales accumulated around 99 million XRP crypto from multiple crypto exchanges.


While $35 million worth of XRP crypto is also being reportedly moved from Ripple to an unknown wallet on the same day.

XRP has proved to be more profitable than the biggest crypto like Bitcoin and Ethereum over the past 30 days. Ripple’s crypto price has jumped by around 10%, while BTC and ETH prices have dropped by 3% and 7%, respectively.


Good job XRP community. Hahaha. Gogogo high up up to the moon XRP 🤑🚀

Starting to love you more and more 😆😉
 
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The following year, we saw a similar trend spark with dog and animal-themed projects on Binance Smart Chain, which was likely fueled by the hype surrounding Dogecoin and a flood of neophyte players into the space. While this didn’t lead to any positive changes for the market or industry but make a lot of investment mania crypto trading cards, lots of players did amass notable profits from it. Start off by setting a goal and developing a strategy. This will help with working out the next steps, like choosing a trading platform that meets your requirements and figuring out which cryptocurrencies to trade.
Thanks for the info 😊👌
 
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