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XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

NewsBTC LogoNewsBTC12h ago

XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope - NewsBTC

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This has elicited some interest on the side of traders about future prospects for XRP, though the token’s future leans considerably on the outcome in court with the SEC.🚨 19,220,000 #XRP (10,122,908 USD) transferred from unknown wallet to #Bitstamp — Whale Alert (@whale_alert) October 3, 2024 Whales Are Migrating XRP Whale Alert reports that a whale wallet transferred over 30 million XRP tokens equivalent to almost $16 million into the Bitso exchange.

Everyone keeps guessing whether this spate of activity from whales bodes well for another leg down of XRP ahead of the SEC appeal.🚨 🚨 🚨 104,384,848 #XRP (54,662,653 USD) transferred from unknown wallet to unknown new wallet — Whale Alert (@whale_alert) October 3, 2024 In spite of these substantial token transfers, there are those who anticipate that XRP may experience a rebound.

Indeed, there have been whale activities identified through recent data from the Whale Alert platform, monitoring large cryptos transfers.🚨 30,380,000 #XRP (15,993,939 USD) transferred from unknown wallet to #Bitso — Whale Alert (@whale_alert) October 3, 2024 Over the past 24 hours, 153 million XRP tokens were transferred and some of them, undoubtedly, to the exchanges.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 11:00:05 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22922188

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 4 posts per day

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News Last Updated: 13 hours ago

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