$XRP has dropped 0.2% over the past 24 hours, falling to $0.5895 as the crypto market has seen little volatility today.
The altcoin is still up a modest 1% on the week and 9.5% on the two weeks, with these percentage gains coming amid increased transfers of XRP to exchanges.
According to data from CryptoQuant, traders have transferred 43 million XRP to Binance over the past few weeks, worth around $23.4 million.
This suggests that whales are still more inclined to sell XRP than buy it at this point, meaning we may have to see a few more drops before the cryptocurrency sees a sustained recovery.
Explosion Alert! PEPE Is About to Skyrocket, Aiming for a 45% Gain Amidst the recent boom, there is a high possibility that PEPE could surge 45% to reach $0.000013.
PEPE's Long/Short ratio is currently at 1.066, indicating strong bullish sentiment among traders.
PEPE’s open interest has increased by 15% over the past 24 hours, suggesting traders may be placing more bets on long positions.