XRP whales have recently moved a significant 23.5 million tokens to centralized exchanges.
This shift of tokens, worth approximately $13.63 million, suggests that the price of XRP may soon see a decline.
The activity was reported by the on-chain analytics firm CryptoQuant, highlighting that XRP has been in consolidation mode for nearly three weeks.
This behavior from whales often signals bearish trends, leading to market speculation about a potential price crash.
