CandleFocus XRP Whale Alert: $51,849,820 XRP Withdrawn From Major Crypto Exchange
2025-02-23
Author: Content Editor
Recently, a significant transaction of 20,000,000 XRP (worth $51,849,820) was transferred from Gemini to an unknown wallet. While the reason for the move is unknown, it could indicate accumulation by whales or long-term holding. XRP has been trading flat recently despite positive news such as the Coinbase SEC case dismissal and XRP ETF filings. The number of large wallets continues to increase, indicating confidence from stakeholders. XRP's price has been consolidating but may see a breakout in the future, potentially leading to a 14% price move. Ultimately, the direction of XRP will depend on breaking certain levels of demand and supply. With the SEC acknowledging XRP ETF applications, there are rising prospects for growth in the future.
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