XRP Whales Move 100,000,000 XRP, Stirring Ripple Speculation

xrp now most traded token among top 100 bsc whales

The cryptocurrency community is abuzz with speculation following a massive transfer of 100 million XRP, worth $53,477,708. Both the sending and recipient addresses are unknown, leading to theories about Ripple’s involvement. On-chain data reveals that the receiver of the funds is relatively new, with only two transactions to their name, while the sender has a bit more activity. This transfer comes amidst other significant whale activity and Ripple’s ongoing XRP sales.

Ripple has been under scrutiny for its transparency regarding XRP sales, with CTO David Schwartz addressing concerns by emphasizing the company’s openness about its transactions. Despite the speculation and market volatility, XRP has shown price movement in the last 24 hours, with prices reaching $0.541 at press time. Investors are advised to conduct thorough research before making any investment decisions, as the views expressed in this article are the author’s personal opinions and do not reflect The Crypto Basic’s opinion.
Credit: Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Translate »