Whales Move Over 275 Million XRP Amid Price Surge

Whales Move Over 275 Million XRP Amid Price Surge
Amid the crypto winter and the Ripple lawsuit saga, XRP is breaking records with over a 4% price surge in 30 days. Unfortunately, the past 30 days have been terrible in the market after the FTX collapse, which broke down cryptocurrency values. However, the low price period proved very beneficial to some fat wallet holders who seized the opportunity to accumulate more assets. Ripple’s native token, XRP, recorded more recovery than Bitcoin amid whale accumulations in the past 24 hours. Related Reading: Ethereum: On-Chain And Social Metrics Reveal Bulls Vs. Bears Battle – Who’s Winning? WhaleAlert reported that crypto whales moved over 275 million XRP tokens, worth more than $107 million, throughout the past 24 hours. The data also revealed that whales purchased over 113 million XRP, about $44 million, in the past 24 hours. Is XRP Showing Signs Of Dominance Over Bitcoin? Most of the transactions came from the Bitso crypto exchange, with the highest record being XRP tokens worth over $15.3 million. These movements saw a price surge in the XRP token, bringing over a 4% increase. However, Bitcoin trades at the $17,153 level, with a 3% d ..

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