Coin Edition -
- XRP’s whale activity surges as 120 million tokens mysteriously move wallets.
- XRP’s price surged 1.17% amidst significant whale transfers, with analysts eyeing a bullish trend above key support levels.
- Analyst Dark Defender maintains an optimistic $5.85 price target for XRP, but breaking resistance is crucial for success.
Recent activities in the cryptocurrency market highlight significant whale transactions involving XRP, the digital token of the Ripple network. Blockchain tracking platform Whale Alert has reported a series of notable transfers that include moving 62.6 million XRP to various centralized exchanges (CEXs) and 120 million XRP to an unidentified wallet.
In detail, the transactions observed involved substantial amounts of XRP being relocated to several exchanges and an unknown wallet. Specifically, the transfer of 20 million XRP to Bybit from an anonymous wallet marked a significant move.