70 Million XRP in 24 Hours, What's Happening?

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XRP witnessing intense trading activity amid signs of potential recovery

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The collective value of these XRP transfers is estimated to be around $30 million. This is a major amount of coins sent to crypto exchanges. The purpose of these transactions appears to be a Crucial Bitcoin Signal, $3,000 Is Now or Never for Ethereum , Toncoin Whales Buy 13 Million in 2 Days In this case, these crypto traders have initiated a major sell-off of 70 million XRP coins. Typically, such developments leave a bearish impact on a coin. XRP may also struggle amid this intense selling pressure. However, it is also true that it will not be a long-term scenario.Amid today’s sell-off, the XRP price is trying to recover from its recent losses. As of writing time, the brainchild of is trading at $0.4406. While the price has increased 1.

 

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