Crypto whales have recently been buying a lot of XRP, according to data from Whale Alert. In the previous day, the biggest cryptocurrency whales exchanged more than 351 million XRP.
112 million XRP tokens were accumulated by whales through several transactions. The total accumulation is estimated to be worth $42.6 million. The largest accumulating transaction, however, involved the addition of $16,06 million worth of XRP.
Data shows that XRP tokens worth more than $31.2 million were transferred from the Bitstamp cryptocurrency exchange to an unidentified wallet.Â
Another significant XRP moving transaction has been noted by the tracker in the meantime. 239 million XRP tokens, or about $90.9 million, were transferred by a whale to an unidentified wallet.
🚨 42,231,481 #XRP (16,060,073 USD) transferred from #Bitstamp to unknown wallethttps://t.co/oV13upHRD2
— Whale Alert (@whale_alert) November 18, 2022
Prices for XRP have decreased during the last 30 days by more than 18%. As of the time of publication, it is selling for an average price of $0.379. Its $801.3 million 24-hour trading volume has also decreased by 32%.
However, among the top 10 cryptocurrencies over the past week, XRP has continued to be the most profitable investment. While Bitcoin and Ethereum prices have decreased by 1% and 3%, respectively, XRP prices are up more than 3%.
