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Tuesday, July 2, 2024

XRP Whales Start Making Their Moves

XRP whales have recently moved 230 million coins amid the ongoing Ripple vs. SEC lawsuit, with fines potentially totaling $2 billion. On-chain data indicates these transactions include both sales and transfers between wallets over the past day, sparking speculation about XRP's future price.

According to Whale Alert on X, whales collectively moved 230.93 million XRP, worth $109.21 million. One whale sold 30.93 million coins on Bitstamp, while another transferred 200 million coins to an unknown wallet. Whale …Rzn executed the sale, and whale rP4X2hTa7A transferred the 200 million coins to rJqiMb94hy, resulting in mixed market sentiments.



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