#xrp✅ M Bullish
Millions of XRP Shifted by Whales as Price Hits
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XRP has seen a significant move in the last 24
hours as whale addresses have transferred
millions of XRP to crypto exchanges.
Crypto data tracker Whale Alert reports two such
transactions, which equaled about 54.8 million
XRP worth nearly $30 million.
According to data from Whale Alert, in a single
transaction, 28,350,000 XRP worth $15,504,917
was transferred from an unknown wallet to Bitso.
In another transaction, 26,500,000 XRP worth
$14,482,350 was transferred from an unknown
wallet to Bitstamp.
The activity of these XRP whales coincides with a
critical moment for XRP's price, which is currently
testing a key support level at $0.53. The XRP price
has been declining since attaining a high of
$0.575 on Feb. 20. The token might be set to
close its third consecutive day of losses if today
closes in the red.
