XRP Whale Offloads 28 Mln Coins As Price Dips Below $0.53, What's Next?

In a thrilling turn of events, XRP, one of the top 6 cryptocurrencies by global market cap, birthed a cyclone of speculations across the broader crypto market today, following the jotting down of significant whale activity within the crypto realm. On-chain data hovering over the market pointed out that a whale recently offloaded a staggering 27.95 million XRP to a Luxembourg City-based CEX amid a substantial drop below $0.53 noted by the Ripple-backed token.