XRP Selloff: Whale Offloads 29 Mln Tokens As Price Slips Near $0.50

XRP, a prominent cryptocurrency backed by Ripple Labs, once again curated a cyclone of speculations across the broader crypto market on Monday following noteworthy whale activity jotted down by the token. As per insights offered by the blockchain tracking platform Whale Alert, a whopping 29 million XRP, worth $14.72 million, was shifted from an unknown wallet address to a Luxembourg City-based CEX, nabbing significant attention globally.