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XRP Price Uncertainty Raises As Whales Shuffle 118M Coins, What's Next?

source-logo  coingape.com 14 June 2024 08:45, UTC

The Ripple Labs-backed cryptocurrency, XRP, has continued to birth a wave of uncertainty among crypto market participants. Whales have again shuffled noteworthy amounts of coins to-and-fro centralized exchanges. Notably, on-chain data surfacing across the market shows over 118 million XRP shifted between wallets and exchanges in the past 24 hours, underscoring accumulations and dumps in hand. This has caused a flurry of mixed market sentiments surrounding the XRP’s future price trajectory.