Having experienced a sharp volatility in the last 1 month XRPnot only managed to survive the crypto carnage and maintain its place in the top 10, but also with its performance in the last few days. Solana (LEFT) to move up to 7th place.
However, with the latest movements, it has regressed to 8th place. Ripple token experienced a new acceleration today.
XRP millionaires, with addresses holding at least 2 million coins, increased their transfer activity during the declines of 2022.
Leading Blockchain monitoring and crypto analytics firm Whale Alert According to the latest data published by Twitter, 90 million XRP coins were transferred from a digital address to the crypto exchange Bithumb.
The transaction worth $56 million was executed hours ago.
🚨 🚨 🚨 🚨 🚨 90,000,000 #XRP (56,396,701 USD) transferred from unknown wallet to #bitumbhttps://t.co/y0m2eT99II
— Whale Alert (@whale_alert) January 26, 2022
The transfer to Bithumb represents one of the largest on-chain movements of the digital asset in the last 3 days.
In addition, yesterday, another crypto whale moved 20 million XRP coins (worth more than 12 million dollars) from Bithumb to an unknown wallet.
🚨 20,000,000 #XRP (12,154,487 USD) transferred from #bitumb to unknown wallethttps://t.co/xfudsEB5eG
— Whale Alert (@whale_alert) January 25, 2022
After all these developments, XRP recorded an increase of about 5%. Ethereum (19%), Solana (30%), which have experienced serious losses in the last 7 days and cardanoin better condition than (26%) XRP price It had a 15% decrease.
Compared to the three popular altcoins in question, the 15% drop in XRP seems tolerable.