Ripple’s native crypto, XRP is trading under increased selling pressure losing its gain registered over the past week. XRP price is down by more than 11% in the last 7 days. However, this dip has allowed the crypto whales to add accumulate more XRP tokens.
As per the data provided by WhaleAlert, crypto whales have moved around 180 million XRP (approx worth $82 million) in multiple transactions over the past 24 hours. The biggest transaction recorded by the tracker has been of moving 108.9 million XRP tokens (approx worth $50 million) among unknown wallets.
XRP price has dropped by over 2% in the last 24 hours. This dip has allowed crypto whales to accumulate 42 million XRP tokens in a single transaction. More than $19.34 million worth of XRP tokens were bought from the Bitso crypto exchange.
(By Ashish Kumar)
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