497,506,212 XRP Shift Rocks Market as Price Hits $3
The post 497,506,212 XRP Shift Rocks Market as Price Hits $3 appeared on BitcoinEthereumNews.com. XRP has been on a tear in recent trading sessions. The cryptocurrency has been rising since July 8 and has seen five consecutive days of gains, with today being the sixth if trading concludes in the green. Following the breathtaking rally, XRP has surged to $3, marking the first time the coin has hit this level in months, specifically since February 2025. The price breakout comes amid a broader surge on the crypto market, with Bitcoin surpassing $123,000. Analysts point to a strong technical structure, with veteran trader Peter Brandt spotting a compound fulcrum on the XRP chart following April’s false breakout. You Might Also Like XRP’s rally appears to be more than just technical; large whale transactions have been spotted on-chain. A recent transfer of 167 million XRP, about $497 million, between unknown wallets has stirred speculation, with many wondering if institutional players are reentering the market or repositioning ahead of further gains. According to Whale Alert, “167,694,497 XRP worth $497,506,212 was transferred from unknown wallet to unknown wallet.”
The post 497,506,212 XRP Shift Rocks Market as Price Hits $3 appeared on BitcoinEthereumNews.com.
XRP has been on a tear in recent trading sessions. The cryptocurrency has been rising since July 8 and has seen five consecutive days of gains, with today being the sixth if trading concludes in the green. Following the breathtaking rally, XRP has surged to $3, marking the first time the coin has hit this level in months, specifically since February 2025. The price breakout comes amid a broader surge on the crypto market, with Bitcoin surpassing $123,000. Analysts point to a strong technical structure, with veteran trader Peter Brandt spotting a compound fulcrum on the XRP chart following April’s false breakout. You Might Also Like XRP’s rally appears to be more than just technical; large whale transactions have been spotted on-chain. A recent transfer of 167 million XRP, about $497 million, between unknown wallets has stirred speculation, with many wondering if institutional players are reentering the market or repositioning ahead of further gains. According to Whale Alert, “167,694,497 XRP worth $497,506,212 was transferred from unknown wallet to unknown wallet.”
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