Whales Continue These Altcoin Purchases!

of Ripple token XRPbecame the most traded cryptocurrency among whales in the last 24 hours. According to the data, the transactions made by whale accounts greatly increased the volume. Whale accounts have added $73 million worth of XRP to their wallets in the past 24 hours.

with Ripple SEC Crypto whales still continue to add XRP to their wallets. Whale Alert announced that whale wallets have bought $73 million worth of XRP in the last 24 hours.

Just one whale wallet account bought over $40.1 million in XRP tokens in a single transaction. This was the largest cryptocurrency transaction recorded in the last 24 hours. However, another whale has amassed about $20.7 million worth of Ripple tokens.

According to another data, some whales transferred approximately $33.9 million worth of XRP tokens from their wallets to cryptocurrency exchanges. We can interpret this move as whales wanting to sell when the XRP price increases.

What is the General Situation in XRP?

With these purchases made by whale accounts, XRP has gained 2% in the last 24 hours. The 24-hour trading volume of the Ripple token increased by more than 30% to $1.02 billion. XRP is currently trading around $0.34.

centiment According to analysts, XRP has better NVT indicators than other crypto tokens. The circulation on the Ripple network, on the other hand, has dwindled since June due to the decline in the overall crypto market.

*Not Investment Advice.

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