A whale moved 131 million XRP tokens valued at $273 million. This action, combined with recent price rejection, signals increased pressure on the token's momentum.
A massive XRP transaction has been detected, causing renewed uncertainty across the Ripple market. One whale moved 131 million XRP tokens valued at $273 million in a single transaction.
This action, combined with recent price rejection at $2.17 and increased selling pressure, signals that could affect the token’s momentum.
Whale Transfers 131 Million XRP Amid Heightened On-Chain Activity
A large Ripple whale transferred 131,000,000 XRP from one unknown wallet to another in a single transaction. Recently, Whale Alert, a crypto analytics platform, detected the movement of the coins.
The purchase of 131 million XRP by the ‘Whale’ user generated heightened concerns about an upcoming selling rush in the cryptocurrency market.
The heightened uncertainties in the market led to enhanced trading operations and a nominal increase in volume at the time of writing. The large transaction was executed at an average rate of 0.0000.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.
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