Whale Moves 31M Tokens to Bitso
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•XRP Whale Dumps 31M Coins As Ripple Lawsuit Nears Major Decision
66% Informative
A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million , was detected moving from an unidentified wallet to the crypto exchange Bitso .
This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple ’s ongoing legal battle with the U.S. Securities and Exchange Commission .
Analyst Egrag Crypto has shared insights on social platform X, predicting that XRP could be on the verge of a rally.
XRP 's price has been trading near a crucial support level around $0.50 , and the recent whale movement adds to concerns over potential volatility.
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