XRP took the heat of major whale movements today. On-chain data reveals that XRP whales have moved around 106 million coins between crypto exchanges in the past 24 hours. Ripple’s crypto has struggled with turbulence around the $0.56 price level at the same time.
According to data from Whale Alert, whales have mixed 106.97 million XRP into crypto exchanges in the past 24 hours. These transactions included large accumulations.
XRP whales collected 51.89 million coins the other day, while 55.08 million coins were collectively dumped into multiple exchanges. According to the data, 21.89 million tokens worth $12.29 million were deposited from Bittrex, while 30 million tokens worth $16.97 million were moved from Ripple to an unknown wallet.