$69,536,183 XRP Transfer Stuns Major U.S. Crypto Exchange
On May 9, blockchain monitoring firm Whale Alert identified a massive transfer of 29,532,534 XRP, worth $69,536,183, to leading U.S.-based crypto exchange Coinbase.
This large transaction has raised eyebrows as it coincides with the ongoing bull market run, prompting investors to closely monitor on-chain activities.
Whales already dumping?
According to the data, the massive transfer was executed by an unknown wallet address in a single transaction, suggesting a possible sell-off attempt.
Although the exact motive behind the transaction remains unclear, it has sparked concern within the XRP…
