XRP Whale Takes Advantage Of Price Dip To Accumulate 410 Million Tokens

The post XRP Whale Takes Advantage Of Price Dip To Accumulate 410 Million Tokens appeared on BitcoinEthereumNews.com. As the price of XRP has dipped over the last few days, bearish sentiment once again took hold of the community. However, not everyone seems to have succumbed to this negative sentiment as one whale has chosen this as a perfect time to buy a large number of tokens. Whale Goes On $201 Million Shopping Spree At a time when morale is falling due to the US Securities and Exchange Commission (SEC) debunking rumors that it had approved the BlackRock iShares Spot Bitcoin ETF, one XRP whale has made an enormous token purchase. The transaction which was reported by whale tracker Whale Alert showed that this single whale had bought more than 409 million XRP tokens. The whale had withdrawn the tokens from the Bitvavo Exchange to a private whale which is assumed to be for safekeeping. At the time of the transaction, the tokens were worth almost $202 million, showing a very high level of conviction in this whale.

Oct 19, 2023 - 13:00
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XRP Whale Takes Advantage Of Price Dip To Accumulate 410 Million Tokens

The post XRP Whale Takes Advantage Of Price Dip To Accumulate 410 Million Tokens appeared on BitcoinEthereumNews.com.

As the price of XRP has dipped over the last few days, bearish sentiment once again took hold of the community. However, not everyone seems to have succumbed to this negative sentiment as one whale has chosen this as a perfect time to buy a large number of tokens. Whale Goes On $201 Million Shopping Spree At a time when morale is falling due to the US Securities and Exchange Commission (SEC) debunking rumors that it had approved the BlackRock iShares Spot Bitcoin ETF, one XRP whale has made an enormous token purchase. The transaction which was reported by whale tracker Whale Alert showed that this single whale had bought more than 409 million XRP tokens. The whale had withdrawn the tokens from the Bitvavo Exchange to a private whale which is assumed to be for safekeeping. At the time of the transaction, the tokens were worth almost $202 million, showing a very high level of conviction in this whale.

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