WhaleAlert reported that Whales moved 440 million XRP (approx worth $177 million) in multiple transactions over the past 24 hours.
XRP News reports:Digital money markets around the world are quietly shifting to the late stages of a bear market in stock markets. Ripple's native password XRP is also one of the top passwords that have been limited to a certain total demand because of reduced investor sentiment. However, despite the lower price, the password whale is still in action.
Can whales promote soaring XRP prices?
According to data provided by WhaleAlert, several password whales have transferred more than 440 million XRP ($177 million) in each transaction in the past 24 hours. The larger deal recorded by the whale was the transfer of 252 million XRP ($100m) to an unidentified wallet.
However, the tracker also reported a major related party transaction in which the whale transferred 125 million XRP (50 million pounds) to an unidentified wallet.Click here to read more XRP news reports, …
When we fully dig, we can see that a whale's detailed address holds 32 million XRP in a separate transaction management. The whale won $13.10 worth of XRP from the Bitso password Trading Center. In addition, another whale has toppled 35 million XRP in the past 24 hours. Password Whale will use $14 million worth of XRP to transfer to the Bitstamp password trading center.
BSC, did the whale go to XRP?
Data from various sources show that whales have always been interested in XRP accumulation. According to Whalestats, XRP ranks among the top 10 dynamic passwords purchased by the largest 100 BSC whales in the past 24 hours.
XRP can also look for the most used protocols among the 100 BSC whales in the past 24 hours. However, the top 100 BSC whales have a use value of more than $29 million XRP.
The price of XRP has risen by 2% in the past 24 hours. As of press time, its average transaction price was $0.40. However, its 24-hour turnover increased slightly to $968 million.