In the past 24 hours, Ripple whales have executed a significant transfer of $100 million in XRP, possibly indicating a forthcoming price shift. This massive transaction involved two prominent Ripple whales' wallets, suggesting potential strategic movements in the XRP market.
Despite the significant volume transferred, XRP’s market price remains stagnant near $0.54. The cryptocurrency has struggled to overcome its resistance level at $0.66, which is critical for a potential upward price movement.
The substantial transfer by notable Ripple wallets has captured investors' attention, but the immediate impact on XRP's price remains uncertain as it continues to trade below key resistance levels.
