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XRP Whale Dumps 56M Coins Amid Price Fluctuations, What's Next?

source-logo  coingape.com 24 May 2024 08:40, UTC

Despite the recent FIT21-birthed optimism and relief orbiting the Ripple community, XRP, the Ripple Labs-backed cryptocurrency, has showcased quite a turbulent price action, defying usual market sentiments. Amid this heightened volatility, a renowned XRP whale has continued to dump significant amounts of XRP coins into centralized exchanges, garnering interest across the global crypto community.