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XRP Ripple (XRP) News: XRP Ripple (XRP), Ripple’s native crypto token price is on a downturn regardless of receiving positive updates from the critical SEC lawsuit. XRP Ripple (XRP) price is down by 11 percent in the last 7 days. Nonetheless, whales have fully utilized this price dip opportunity by going on an XRP Ripple (XRP) buying spree.
Whales moving XRP Ripple (XRP) Price?
As per the data provided by WhaleTracker, greater than 500 Million XRP Ripple (XRP) crypto tokens have been moved by the cryptocurrency whales in the previous day. These largest wallets managed to transact $172 Million worth of XRP Ripple (XRP) tokens.
Whales have moved around 431 Million XRP Ripple (XRP) crypto tokens (approx worth $147 million) from cryptocurrency exchanges to personal wallets. The largest transaction recorded by the tracker is of moving 325 Million XRP Ripple (XRP). Around $112 Million worth of XRP Ripple (XRP) crypto tokens were moved from the Binance Crypto exchange cryptocurrency exchange.
Nonetheless, a transaction of moving 50 Million XRP Ripple (XRP) crypto tokens (approx worth $16.7 million) were moved from Ripple tagged address.
This has led XRP Ripple (XRP) 24 hour volume of trading to surge by 90%. It now stands at $1.08 billion. Nonetheless, the XRP Ripple (XRP) price has jumped marginally in the previous day. XRP Ripple (XRP) is currently worth an average price of $0.3413, at the press time.
In the meantime, cryptocurrency whales have dumped around 72.5 Million in the previous day. Over $24 Million worth of XRP Ripple (XRP) crypto tokens were moved from the whale addresses to the Bitstamp cryptocurrency exchange.
XRP Ripple (XRP) is holding a market capitalization of over $17.1 Billion regardless of facing legal tussle from the SEC.