As per the data, whales have accumulated around 60.2 million XRP tokens (approx worth $25 million) in the last 24 hours.
XRP news report:The local token prices of XRP and Ripple suffered a setback on Wednesday. Previously, due to the latest developments in XRP litigation, the local token prices of Ripple showed a good upward trend. However, cryptowhales use this kind of price reduction to increase more.
The price of XRP dropped
According to the data provided by WhaleAlert, the cryptowhale has moved more than 128 million XRP (about $53 million) in the past 24 hours in a single transaction. It is recorded that each large transaction will sell 35 million XRP (equivalent to US $15 million) on Bitstamp crypto trading center.
However, in the past day, the detailed address of whales has sold more than 68 million yuan XRP (about $28 million). XRP prices fell by 4% over the same period. In addition, the turnover in the first 24 hours also dropped by 25% to reach 1.19 billion US dollars.Read more XRP news here
In order to increase more XRP, some cryptowhales took advantage of this price decline opportunity. According to the data, whales have accumulated about 60.2 million XRP tokens (about US $25 million) in the past 24 hours. The larger cumulative transaction recorded by the tracker is an increase of 30.2 million XRP (about $13 million).
What are BSC whales doing?
WhaleStats reported that Ripple's local tokens have become the most traded tokens among BSC's top 100 whales. XRP clears the birthday cake token to get the first place. In our in-depth analysis, the data shows that the top 100 whales have XRP worth 28.6 million US dollars, accounting for 2.5% of their total ownership.
XRP prices have soared by 16% in the past 24 hours. As of the time of press release, the average price of this share was US $0.406.