XRP Price Rise As Whale Moves 39 Million XRP, Rally To Promote?

XRP, one of the most prominent cryptocurrencies by global market capitalization, gained significant popularity on Thursday as the token recorded noteworthy whale transfers on the CEX recently.

Notably, according to data flowing into the broader crypto market, the whale appears to have collectively transferred over 39 million XRP to exchanges, causing a maelstrom of speculative noise among crypto market enthusiasts.

Moreover, transactions resulting from the token being backed by Ripple have seen significant growth across the crypto horizon, increasing optimism for the token.

Meanwhile, the prominent crypto analyst has also taken notice of the current market performance of XRP, attracting the attention of crypto traders and investors worldwide.