• Whale Alert tweeted yesterday that a whale transferred millions of tokens to Bitstamp over the past 24 hours.
• XRP’s price had started to drop during the past 24 hours, and was standing at $0.5162 at press time.
• Technical indicators on XRP’s daily chart suggested that medium-term momentum was in favor of sellers.

The whale tracking platform Whale Alert revealed that millions of Ripple (XRP) tokens were transferred to an exchange platform during the past 24 hours, which may be an early indication of an XRP selloff. In the first post, the platform shared that 425,118,503 XRP, worth $224,906,760, was transferred from Bitvavo to an unknown wallet yesterday evening.

Just a few hours later, Whale Alert revealed in a second tweet that $28,400,000 XRP was transferred from an unknown wallet to Bitstamp. According to the post, the transferred tokens were valued at $14,921,752 at the time the tokens were sent to the exchange platform.

The post XRP Whale Transfers Millions of Tokens; XRP Selloff to Follow? appeared first on Coin Edition.

• Whale Alert tweeted yesterday that a whale transferred millions of tokens to Bitstamp over the past 24 hours.
• XRP’s price had started to drop during the past 24 hours, and was standing at $0.5162 at press time.
• Technical indicators on XRP’s daily chart suggested that medium-term momentum was in favor of sellers.

The whale tracking platform Whale Alert revealed that millions of Ripple (XRP) tokens were transferred to an exchange platform during the past 24 hours, which may be an early indication of an XRP selloff. In the first post, the platform shared that 425,118,503 XRP, worth $224,906,760, was transferred from Bitvavo to an unknown wallet yesterday evening.

Just a few hours later, Whale Alert revealed in a second tweet that $28,400,000 XRP was transferred from an unknown wallet to Bitstamp. According to the post, the transferred tokens were valued at $14,921,752 at the time the tokens were sent to the exchange platform.

The post XRP Whale Transfers Millions of Tokens; XRP Selloff to Follow? appeared first on Coin Edition.