Amid the recent market reaction that threatens to pull back the price of XRP, whales continue to be highly interested in the 6th largest cryptocurrency by market capitalization. Following this, XRP became among the top 10 purchased tokens by the 500 biggest BSC whales last week.
Particularly, during the last weekend, XRP whale transactions were on the high side as a whopping 630 million XRP was moved in less than 3 hours as reported by Whale Alert.
This cumulative volume was achieved in just 6 transactions of different volumes with the majority of transactions involving wallets affiliated with the Bitstamp exchange.
(By Ndianabasi Tom)
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