The blockchain-based transaction tracker Whale Alert posted that a cryptocurrency giant withdrew 52 million XRP tokens valued at $28.67 million from the South Korean cryptocurrency exchange Bybit. This activity may impact XRP's market trend. XRP is currently showing signs of breaking out of a 3-week consolidation phase, with overall market sentiment bullish. The current trading price of XRP is close to $0.5432, while its trading volume surged by 115% during the same period, indicating high participation from traders and investors.