Whales have become more active in moving XRP around, while price shows mild decline
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Blockchain tracking service Whale Alert, which monitors large cryptocurrency transactions and shared their details with the community on the X platform, has detected several large XRP transfers performed over the last 24 hours.The aforementioned data platform reported four large cryptocurrency transfers, which cumulatively carried a staggering 187 million XRP. The largest of those XRP chunks was moved by Ripple Labs, and it comprised a massive 100,000,000 XRP worth $54,594,473.
A day earlier, Whale Alert detected a massive 105,000,000 XRP transaction that was conducted between two unknown crypto whales. Details of it were shared in a Thursday tweet. Over the past week, the seventh largest cryptocurrency in terms of market capitalization value, XRP, witnessed an astounding 13.34% decline as it lost the $0.62 level and rolled down to $0.54.
The past 24 hours have contributed to that price collapse as XRP declined by 3.45%. However, the coin managed to partly compensate its losses by growing by 1.7%.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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