CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
No Result
View All Result

XRP News: XRP Price Rockets As Whale Moves 39 Mln XRP, Rally To Propel?

December 28, 2023
in Coins, Market, News
A A
Dalintis FacebookDalintisShare on Twitter

XRP, one of the most prominent cryptocurrencies by global market cap, gained significant traction on Thursday as the token recorded noteworthy whale transfers to CEXs recently. Notably, as per the data floating within the broader crypto market, a whale seems to have collectively shifted over 39 million XRP to exchanges, stirring a whirlpool of speculative buzz among crypto market enthusiasts.

Moreover, the transactions emerged as the Ripple-backed token illustrated significant gains within the crypto horizon, fueling further optimism for the token.

Meanwhile, an eminent crypto analyst also spotlighted XRP’s current market performance, garnering crypto traders’ and investors’ attention globally.

XRP Whale Shifts 39.4 Mln XRP TO CEXs

The data encompassing XRP whale transfers appears to have promptly gained substantial attention within the broader crypto market on Thursday, December 29. Apparently, Whale Alert, a platform facilitating blockchain metrics, seems to have unveiled the colossal whale transfers. Furthermore, according to the data, the transfer took place in a series of two transactions.

Notably, the first transaction that caught noteworthy attention moved 22.90 million XRP, worth $14.99 million, to Bitstamp, a Luxembourg City-based CEX. Furthermore, the second transfer that garnered global attention shifted 16.50 million XRP, worth $10.43 million, to Bitso, a Mexico City-based CEX.

Meanwhile, the recurring phenomenon illustrating XRP dumps to Bitso and Bitstamp appears to result from Ripple’s recent strategic stake acquisition in the above-mentioned exchanges.

XRP Price Soars

As of writing, the XRP price rose 4.41% over the past 24 hours and currently rests at $0.6492. Moreover, the token showcased a surge of 5.65% over the past week, accompanied by a monthly upswing of 8.24%. The upward movement portrayed by the token’s chart in recent days appears to have fueled optimism for XRP among crypto market traders. Moreover, the recent emergence of significant whale transfers orbiting XRP indicates a surge in traders’ activity encompassing the token.

Intriguingly, a crypto analyst further shared remarks mirroring the market sentiments for the Ripple-backed token. According to Cryptoes, XRP now rests above the bull pennant resistance level. This further spotlights token’s uptrend, hinting toward a potential continuation of the bullish movement.

Tags: RippleXRP

Related

France Considers Bitcoin Mining to Help Balance Its Energy Grid

June 15, 2025

A group of French lawmakers is urging the government to explore Bitcoin mining as a potential tool for managing the...

Binance Smart Chain Surpasses Solana in Memecoin Trading Activity

June 15, 2025

BNB Chain has taken the lead as the most active blockchain for memecoin trading, surpassing Solana in trading volume dominance....

Solana ETF Approval Nears: SEC Considers Staking

June 14, 2025

The crypto industry is eagerly awaiting the US Securities and Exchange Commission’s decision on the approval of a spot Solana...

The Battle for Blockchain Supremacy: Israel vs. Iran in the Crypto Race

June 13, 2025

The ongoing Israel-Iran conflict, particularly following the recent attack on Tunhan, has sent shockwaves through global financial markets. Bitcoin and...

Ethereum Surges Past 30-Day Resistance Amid Record $41B Open Interest

June 11, 2025

Ethereum (ETH) has broken out of its 30-day consolidation phase, surpassing $2,800 for the first time since February 25. Meanwhile,...

News

AI

What is llms.txt?

May 27, 2025
Blockchain

7 Best Cryptocurrency mining servers

May 30, 2025
Coins

Pi Network Under Fire

May 22, 2025
Mining

What is Altcoin? Beyond Bitcoin’s Shadow

May 25, 2025
Asset 1CryptoNow
Categories
  • AI
  • Blockchain
  • Business
  • Coins
  • Finance
  • Interesting
  • Market
  • Mining
  • News
  • Regulation
  • Reviews
  • Technology
Tags
AI Altcoin Android Avalanche Binance Binance Coin Bitcoin blockchain BTC Chainlink ChatGPT Circle Coinbase Coindesk crypto Cryptocurrency Crypto exchange DOGE Dogecoin ETF ETH Ethereum Halving Hash rate Meta Mining Mobile news OpenAI pi coin pi network reviews RIOT Ripple Samsung SHIB Shiba Shiba Inu SOL Solana Stablecoin technology USA vpn XRP
  • Newsletter
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Market
  • Coins
  • News
  • Mining
  • Technology
  • Blockchain

CryptoNow.