🟡 XRP is attracting attention after large transfers. According to data from the crypto analytics tracker Whale Alert, one whale transferred 25,419,259 XRP, worth about $13,335,299, from Binance to an unknown wallet.
🟡 The whale that transferred these 25 million XRP from Binance may be strengthening its position in the coin. While it’s hard to understand the real plan, buying XRP might make sense as the coin has been forming a strong resistance point at $0.60 for several weeks.
🟡 The whale account was activated on Binance in November 2024 and has since carried out a series of XRP transactions. If this XRP whale made a $13 million purchase, it could be due to the current price of the coin being seen as a significant discount. At the time of writing, XRP is changing hands at $0.5273, which is 0.15% higher over the last 24 hours.