Millions of XRP Spotted Moving On-Chain, Possible Reasons

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Millions of XRP Spotted Moving On-Chain, Possible Reasons
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XRP whales in action, here's how much has moved in 24 hours

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Additionally, the XRP sent to Bitstamp might also be earmarked for some passive-earning products on the trading platform. Worthy of note, XRP is now featured on different platforms as a token with a high propensity for growth. As gleaned from the reactions trailing the whale transfer updates, many industry members are already tagging this a red flag that might connote an impending sell-off. Despite this bearish sentiment, XRP is in positive territory, with its This impressive growth rate is accompanied by a 57% jump in trading volume to $797.9 million, solidifying XRP as one of the in-demand tokens on the market today.

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