The global digital asset market is witnessing a seamless transition into the final phase of a red market. Ripple's native crypto, XRP is also one of the top cryptocurrencies that have held on to certain price levels due to declining investor sentiment. However, the crypto whales are still quietly making moves despite the low price levels.
Based on data revealed by h WhaleAlert, more than 440 million XRP (worth approximately $177 million) have been moved by several groups of crypto whales in multiple transactions over the past 24 hours. The single largest transaction recorded in the crypto whale cluster was the transfer of 252 million XRP (approximately $100 million worth) to an unknown wallet.
However, the tracker also reported that the whale group's main transaction also transferred 125 million XRP (roughly 50 million worth) to an unknown wallet.
On the other hand there is also the address of the whale group that is collecting 32 million XRP in one transaction. The whale acquired $13.1 worth of XRP from crypto exchange Bitso. Meanwhile, one of the other whales continued to shed 35 million XRP over the past 24 hours. Crypto whales transfer $14 million worth of XRP to crypto exchange Bitstamp.
Data obtained from various sources illustrate that the pope is still interested in XRP accumulation. According to Whalestats, XRP reached the calculation of the top 10 tokens purchased by the 100 largest BSC whales in the last 24 hours.
XRP can also be seen in the calculation of the most used contracts among the 100 BSC whales in the last 24 hours. However, the top 100 BSC whales hold more than $29 million worth of XRP.
XRP price has surged by 2% in the last 24 hours. It is trading at an average price of $0.40, at the time of writing. However, its 24-hour trading volume increased slightly to $968 million.
