Whale Alert Discovers Large XRP Moves – What Does It Mean?

28-1-2023 Crypto World News Bitcoinist 205 Print this Page

Whale Alert Discovers Large XRP Moves – What Does It Mean?

The Ripple Vs. SEC legal battle has been creating tension for XRP as the court sittings could end this year. The CEO of Ripple has been optimistic that the lawsuit could end earlier in 2023. However, the Ripple native token XRP has been trying to weather the storms of the case and the bearish crypto market.

But despite the recent dips in XRP prices, crypto whales have continued to show more interest in the token. An on-chain data provider Whale Alert reported millions of XRP tokens recently moved by some crypto whales.
Whales Perform Multiple Transactions Involving XRP Tokens
According to the data provider , the single largest transaction involving XRP tokens is a transfer of 160 million XRP coins between two unknown wallets on January 27. According to the current crypto market prices, the tokens are worth over $65.53 million.

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