$57 Million XRP Transfer Triggers Concerns, Crypto Volatility Ahead?

$57 Million XRP Transfer Triggers Concerns, Crypto Volatility Ahead? – MAXBIT

Amid growing market uncertainties, XRP large holders are pulling big moves, but this latest move seems bearish for the XRP ecosystem as whales appear to be dumping.  On-chain monitoring platform Whale Alert has spotted a massive transfer of 25,498,179 XRP on July 3rd. The tracker has provided data showcasing the large XRP transfer worth $57,811,584...

$57 Million XRP Transfer Triggers Concerns, Crypto Volatility Ahead?

Massive XRP transfer comes with a big twist

$57M XRP Whale Transfer Sparks Confusion, Not Sell-Off

A massive 25.5 million XRP transfer worth over $57 million has raised eyebrows in the crypto community, initially sparking fears of a whale-led sell-off. On-chain tracking platform Whale Alert flagged the July 3 transaction, noting the XRP tokens were moved to U.S. exchange Coinbase. In typical cases, such large transfers to centralized exchanges are viewed as potential precursors to a market dump, especially during heightened volatility. Howeve…