CandleFocus

40 Million XRP Withdrawal Stuns Top Crypto Exchange

XRP whales have recently made significant purchases of the cryptocurrency, with one notable investor transferring 40 million XRP tokens worth around $23.3 million to a private wallet. This is part of a larger trend of XRP buying from large investors, with a total of 71 million tokens withdrawn from exchanges on September 26 and over 55 million tokens withdrawn so far today. Despite currently trading at $0.5866, down 0.66% in the last 24 hours, the increased trading volume and strong bullish sentiment suggest that XRP may experience a rally in the near future.

Related News