Time To Sell XRP? Whale Dump $27.2 Million Worth of Tokens

The post Time To Sell XRP? Whale Dump $27.2 Million Worth of Tokens appeared first on Coinpedia Fintech News

Ripple’s native token XRP has gained massive attention from crypto enthusiasts due to its impressive upside rally over the past few days. On November 24, 2024, a whale transaction tracker, Whale Alert, posted on X (formerly Twitter), signaling every investor and trader that this rally might be nearing its end.

The post on X noted that an XRP Whale had dumped 20 million tokens worth $27.24 million on Bybit, South Korea’s largest crypto exchange. However, this massive dump occurred during a period when the overall cryptocurrency market was in a correction phase, and XRP itself was struggling.