XRP Movement On-Chain Tops 100 Million Tokens, Should Market Brace for Sell-off?

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XRP price slumps as Whale activities send mixed signals

The rout in the industry has been encompassing, and while it cuts across the most dominant altcoins in terms of market capitalization, XRP has given a slight insight into what might be the trigger for its own slump.

Per data from analytics outfit Whale Alerts, more than 121 million XRP coins haveThe largest of this tranche was 46.5 million XRP units worth around $16.5 million being moved from Bitso exchange to an unknown wallet. The funds' movement also involved about 43 million XRP units as well, as another 32 million XRP tokens.

 

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