The post XRP Price Set to Explode? Whale Moves $36.67M in Tokens appeared first on Coinpedia Fintech News
After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert.
XRP Whale Activity Signals Buying InterestAs of today, November 28, 2024, Whale Alert made a post on X (previously Twitter) that a crypto whale has transferred a significant 25 million of XRP worth $36,67 million from South Korea’s largest cryptocurrency exchange, Upbit. This notable transaction hints at how whales are capitalizing on the current price consolidation and indicate potential buying opportunities.