CandleFocus 43 Million XRP in 24 Hours: Here's What Happened
2024-11-28
Author: Content Editor
In the last 24 hours, there have been two large XRP transactions totaling 44 million XRP. These transactions involved moving XRP from exchanges to unknown wallets, which could indicate either large-scale accumulation by institutional investors or preparation for off-exchange activities. The motives behind these transfers are unknown. The price of XRP has been experiencing positive movement, up 3.29% in the last 24 hours. XRP recently reached a multi-year high but has since fallen, although it retains its weekly and monthly gains. If the rebound continues, XRP may aim for $2, while a decline could find support at $1.
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