Despite experiencing market volatility, XRP continues to have a bullish sentiment. A large transaction of 22,018,660 XRP, valued at approximately $50,355,056, was recently initiated on-chain, with the whale moving the asset from Binance to a private wallet address. This suggests that the whale may have the intention to hold XRP for long-term storage, indicating confidence in XRP's future outlook. Transfers to private wallets are generally considered bullish, as they reduce selling pressure and may drive up buying sentiment in the market. Worksport, a Nasdaq-listed company, has also shown interest in crypto exposure through XRP and Bitcoin. Although XRP has experienced a 5.32% decrease in the last 24 hours and struggled to stay above the $2 mark, there is anticipation that positive regulatory developments and growing interest in XRP ETF could support its growth.



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