Whale investors sell large amounts of XRP after sharp market drop

Source
Son Min

Summary

  • It was reported that whale investors recently sold large amounts of XRP (XRP).
  • Since the 10th, about 2,230,000,000 XRP were sold, which is approximately 5,459,260,000 dollars.
  • XRP is trading at 2.44 dollars, down 6.75% from 24 hours ago.

Whale investors have been selling large amounts of XRP since the 10th (local time).

On the 14th (local time), digital asset (cryptocurrency) analyst Ali Martinez said on X (formerly Twitter), "Since the 10th, whales have sold about 2,230,000,000 XRP."

"They bought 20,000,000 XRP," he said. This amounts to 5,459,260,000 dollars (approximately 7,832,400,000,000) at current XRP prices.

As of 4:51 PM, XRP is trading at 2.44 dollars on the Binance USDT market, down 6.75% from 24 hours ago.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?