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Crypto Whales Move 214 Million XRP As Ripple Lawsuit Ruling Closes In

XRP, the native cryptocurrency of Ripple, experienced a slight decline as the broader digital market saw a sell-off, coinciding with U.S. financial regulators launching legal attacks on several crypto exchanges. Despite this, crypto whales were caught moving millions of XRP between wallets and exchanges. WhaleAlert reported that over 214 million XRP tokens, worth approximately $107 million, were moved by whales in multiple transactions over the past 24 hours. Some of these tokens were transferred to different crypto exchanges in order to book profits, with the largest transaction being 98.6 million XRP, worth approximately $50.8 million, moved between unknown wallets. XRP has seen a surge of 37% in the last 30 days.

(By Ashish Kumar)

XRP XRP $1.44
-1.39%
XRP Ripple
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