XRP Price: 46 Mln XRP Selloff Stirs Speculation As Price Rebounds, What's Next?

XRP, a cryptocurrency backed by Ripple Labs, curated a tidal wave of inferences among crypto market traders and investors today, as its price rebounded substantially following the recently witnessed crypto market corrections. Amid this substantial upward momentum noted by XRP, nearly 46 million tokens were shifted to CEXs in the past 24 hours, raising concerns over the Ripple-backed token’s price action ahead.