CandleFocus

60 Million XRP Sent to Top Crypto Exchanges, What Happened?

XRP is facing increasing selling pressure and its price has significantly declined, making it one of the worst-performing coins recently. Whales seem to be losing hope as they transfer large amounts of XRP to crypto exchanges, injecting bearish sentiment into the market. Three major transfers totaling almost 60 million XRP, worth around $32.6 million, have been detected. The price of XRP has plummeted by 11.59% in the last 24 hours and may see further losses if whales continue selling.

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