Whale Moves 425,868,525 XRP From Exchange After Weeks of Accumulation

A new XRP whale moved 425.8 million XRP from the Bitvavo exchange after accumulating them for four weeks, despite market uncertainty, leading to speculation about long-term HODLing.

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Relevant topic timeline:

8/25/2023

XRP whale moves 29 million tokens to Bitstamp amid price slide

The price of XRP is declining as investors sell off their holdings, with a significant whale transferring 29 million XRP to a crypto exchange, possibly indicating a sale of their assets.

8/25/2023

Millions of XRP on Move as Price Weighs Next Move

Millions of XRP have been transferred to the Bitstamp crypto exchange as the price of XRP searches for a bullish trigger and remains in a consolidation phase.

8/25/2023

Mysterious Bitcoin Whale Abruptly Moves Over $134,000,000 in BTC – Here’s Where the Crypto’s Headed - The Daily Hodl

A Bitcoin whale has moved $134 million worth of BTC out of a centralized exchange, coinciding with a decrease in the amount of BTC sitting in exchanges and an increase in whale transactions.

8/26/2023

425.8 Million XRP Bought by Anon Whale as Price Strives to Break $0.535 Resistance

An anonymous whale has moved almost half a billion XRP tokens from a Netherlands-based crypto exchange to an unknown wallet, making it the largest XRP transfer recently detected by Whale Alert.

9/4/2023

Ripple (XRP) Price Speculators Eye Bullish Breakout - Is $0.55 Next?

XRP speculators have increased capital inflows in anticipation of a potential price trend reversal, with both the derivatives markets and whale investors showing optimism for a bullish reversal above the $0.55 resistance.

9/20/2023

XRP Trading Volume Surges in 2023 After Favorable Court Ruling, Outpaces Other Altcoins Despite Falling Prices

The trading volume of XRP, a cryptocurrency, has surged since the start of 2023, surpassing other altcoins, following a court decision declaring it not an unregistered security, resulting in its relisting on major US exchanges; however, XRP's price has decreased from its peak in mid-July.