CandleFocus XRP Whale Buys the Dip with $52M XRP Raked in From Binance
2024-12-05
Author: Content Editor
A major XRP whale recently purchased $52 million worth of XRP, suggesting a bullish sentiment and a focus on buying the dip in XRP price. The whale transferred the tokens from Binance to an unknown wallet, sparking discussions about strategic buying during the recent XRP price decline. XRP's price has fallen by over 6% and is currently trading at $2.38, well below its crucial resistance level of $2.90. Market participants are closely monitoring whale activities for a potential price reversal. In related news, Worksport Ltd. has entered the crypto space by authorizing up to $5 million in Bitcoin and XRP purchases and enabling crypto payments on its e-commerce platform. Worksport's involvement could contribute to a rebound in XRP's price.
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