Whale Movements and Price Increase Continue in XRP.
Classic whale transactions in #XRP continued today. After the whale transactions on Friday, attention turned to the charts of the altcoin again. Additionally, these whale transactions coincided with the price increase of XRP, #Ripple's native token.
Cryptocurrency investors and traders continue to analyze cryptocurrency intensively. According to data from different sources, it was stated that more than 42 million XRP was transferred to CEXs in several transactions.
A famous crypto analyst shared contrary thoughts about the price increase that the Ripple-backed token saw today. According to Whale Alert, known for monitoring whale movements on the blockchain, two significant whale transactions took place for #XRP on December 15.
According to the data obtained, it was revealed that two important transactions were made by an unknown wallet and #XRP was transferred to Bitstamp and Bitso, resulting in a collective movement of 42.6 million XRP.
At the time of writing, the #XRP price has reached $0.6318, experiencing a relatively small increase of 0.82% in the last 24 hours. The token was seen moving upwards compared to yesterday's market recession. Additionally, 24-hour trading volume increased by a significant 8.05% to $1.54 billion.
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