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Over 421M XRP Moved by Whales As XRP Seeks To Recover

XRP whales have resumed on-chain activities, as over 421M XRP tokens worth $168M+ were recently moved in just 5 hours.

Amid a seemingly recovering market, XRP has witnessed a reawakening of its whales. A series of seven whale transactions within 5 hours recently put 421.1M XRP tokens valued at $168.4M on the move. The seven transactions between 3 and 7:45 AM on Saturday (UTC) saw the tokens moved between Bitstamp and unknown wallet addresses, as indexed by blockchain tracker Whale Alert.

(By Albert Brown)

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