XRP price spikes as Ripple sends 30 million XRP to Bitstamp for the third consecutive week

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XRP price had a relatively volatile Monday as the altcoin shot up during the day owing to external factors. Interestingly, the cryptocurrency did not

price spiked by nearly 5% during the intra-day trading hours to breach $0.500 Earlier in the day, whale alert showed 30 million

transferred from unknown wallet to #Bitstamphttps://t.co/LTgJ7r7sMy — Whale Alert October 15, 2023 Over the past few weeks, such transfers have popped up time and again as whale transaction alerts. Upon further investigation, it seems that this transfer to Bitstamp and even Bitso is, at times, part of the collaboration between the two platforms and Ripple.

/USD 1-day chart Nevertheless, until the bullish signal is confirmed, ? therefore facilitates trustless and instant payments on the to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service attacks. The

 

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