Whale Alert: $73M Worth of XRP Accumulated in Last 24 Hours
Whale Alert: $73M Worth of XRP Accumulated in Last 24 Hours
In the last 24 hours, Ripple’s native coin, XRP, has become one of the most popular cryptocurrencies among the whales. The statistics show that the 24-hour trading volume has significantly increased due to the buildup of whales.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against XRP, claiming that the cryptocurrency is a “Security.” At the same time, the largest cryptocurrency holders continue to stock up on even more coins. According to Whale Alert, whale wallets added around $73 million worth of XRP over numerous transactions.
Surge in Trading Volume
The data tracker shows that a “whale” just invested more than $40.1 million in XRP tokens in one transaction. Within the last 24 hours, this is the single largest trade that has taken place. Nonetheless, another whale bought up over $20.7 million worth of Ripple’s token.
The XRP price has increased by almost 1.58% in the previous 24 hours because of the activity of these “whales.” The 24-hour trading volume of Ripple tokens has increased by 30%, reaching $1.02 billion. According to CMC, the XRP price today is $0.341979 USD.
On the other hand, some “whales” have moved over $33.9 million worth of XRP tokens from their wallets to a cryptocurrency exchange. This indicates that token holders are prepared to sell at a higher price.
Experts have speculated on Santiments that XRP has the highest NVT rankings among cryptocurrencies. Some analysts believe that the XRP token’s bullish or semi-bullish NVT divergence will become clear in the month of August.
- The XRP price has increased by almost 1.58% in the previous 24 hours.
- The data tracker shows that a “whale” just invested more than $40.1 million in XRP.
In the last 24 hours, Ripple’s native coin, XRP, has become one of the most popular cryptocurrencies among the whales. The statistics show that the 24-hour trading volume has significantly increased due to the buildup of whales.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against XRP, claiming that the cryptocurrency is a “Security.” At the same time, the largest cryptocurrency holders continue to stock up on even more coins. According to Whale Alert, whale wallets added around $73 million worth of XRP over numerous transactions.
Surge in Trading Volume
The data tracker shows that a “whale” just invested more than $40.1 million in XRP tokens in one transaction. Within the last 24 hours, this is the single largest trade that has taken place. Nonetheless, another whale bought up over $20.7 million worth of Ripple’s token.
The XRP price has increased by almost 1.58% in the previous 24 hours because of the activity of these “whales.” The 24-hour trading volume of Ripple tokens has increased by 30%, reaching $1.02 billion. According to CMC, the XRP price today is $0.341979 USD.
On the other hand, some “whales” have moved over $33.9 million worth of XRP tokens from their wallets to a cryptocurrency exchange. This indicates that token holders are prepared to sell at a higher price.
Experts have speculated on Santiments that XRP has the highest NVT rankings among cryptocurrencies. Some analysts believe that the XRP token’s bullish or semi-bullish NVT divergence will become clear in the month of August.
