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XRP Price Set to Explode? Whale Moves $36.67M in Tokens

DATE POSTED:November 27, 2024
 Ripple Whales Bet Big on XRP as Futures Market Hits $2.5 Billion OI

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 Interest 

As 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.

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