In the world of cryptocurrencies, XRP has once again captured the attention of market enthusiasts with a surge in whale activity. The movement of a staggering 26.8 million XRP tokens has sparked speculation among traders and investors alike. Blockchain data tracked by Whale Alert, a renowned tracker of large cryptocurrency transactions, revealed that an unknown wallet, identified as r4wf7enWPx…5XgwHh4Rzn, transferred the substantial amount of XRP. Related Reading: From Highs To Lows: Solana’s Price Journey – Can It Recover From FOMO Fumble? Ripple’s Strategic Moves Trigger XRP Transfers The tokens, valued at approximately $14.75 million, were sent to Bitstamp, a prominent exchange based in Luxembourg City, Europe. Interestingly, this is not the first time the mentioned wallet has made similar transfers to Bitstamp during periods of price dips. The recurrent nature of these transactions has piqued the interest of market participants, especially considering Ripple’s recent strategic stake acquisition in the exchange. Source: Whale Alert The correlation between Ripple’s involvement and the XRP transfers to Bitstamp has not gone unnoticed by astute traders and ..
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