XRP News: Whale Moves $58M XRP To Coinbase, Is A Selloff Incoming?
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4 Articles
Ripple and XRP shock traders with whale demand, what's next
Ripple, the cross-border payment giant hit key milestones with the SEC lawsuit settlement appeal, stablecoin partnerships and ecosystem growth. XRPLedger’s native token XRP rallied alongside, catalyzed by bullish developments. In nearly two weeks, whales boosted their XRP holdings, shocking traders.
Ripple Whale Moves 26.6M XRP to Coinbase but Price Holds Steady
On Thursday, the market moved because of a big XRP transaction. One giant wallet moved 26.6 million XRP tokens with a value of 58 million to Coinbase. This occasion spawned a lot of conjecture, with no fast outcome on the trading cost of XRP. Despite the transaction, XRP stayed stable near $2.16. The token was stable throughout the day, which indicates stable market activity. However, traders were closely observant of sudden sell-offs. XRP demon…
XRP News: Whale Moves $58M XRP To Coinbase, Is A Selloff Incoming?
According to Whale Alert, a blockchain tracking service, more than 26.6 million XRP (worth about $58 million) was moved to Coinbase from an unknown wallet by a Ripple whale. This raises concerns of profit booking, meanwhile XRP remains stable and is trading at $2.16 at the time of reporting. XRP Stable Despite Whale Movement As The post XRP News: Whale Moves $58M XRP To Coinbase, Is A Selloff Incoming? appeared first on CoinGape.
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