XRP sees increased activity, major wallet transactions, and market consolidation.
XRP recently experienced a surge in buying activity, coinciding with a surge to the $0.60 mark. However, the upward momentum has since stalled, leading to a phase of sideways consolidation. During this period, the market has observed significant transactions involving large amounts of XRP.
XRP Transactions Linked to Exchanges
Notable transactions occurred on September 24, 2024, as a new address activated by Bitstamp sent millions of XRP on four occasions to a receiving wallet, totaling 383 million XRP.Â
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