Whale Moves Spark Turbulence: 67 Million XRP Shifted Amid Crypto Crash

The post Whale Moves Spark Turbulence: 67 Million XRP Shifted Amid Crypto Crash appeared first on Coinpedia Fintech News

The recent XRP whale activity over the past 24 hours amidst the ease of regulatory tensions in the SEC vs. Ripple lawsuit has gotten significant attention among traders and investors across the globe. Roughly 67 million coins were relocated. In a massive crash, nearly all crypto prices were pulled down. As per the blockchain tracker Whale Alert, among the three transactions that shifted 67.39 million XRP, two had massive dumps to CEXs, and one showcased accumulation from Binance. These transactions coincide with XRP’s fall today, showcasing an increase in the coin’s supply amid today’s crypto market crash, following which there have been mixed sentiments among whales towards XRP.  XRP is down to $0.62 today.