Whale Alert sparks speculation as XRP transfers surge
This move has sparked speculation about its potential impact on XRP’s price. A recent substantial purchase of Ripple’s XRP (XRP) token has been detected by the crypto tracking platform Whale Alert. Whale Alert reported a transfer of 66,666,659 XRP, worth approximately $33,065,809, from Binance to an undisclosed wallet. The move has sparked speculation about its potential price impact. In the XRP ecosystem, there have been recent transfer s of substantial amounts of XRP into secure escrow accounts by Ripple. Notably, 300,000,000 XRP, worth roughly $146,927,854, and an additional 500,000,000 XRP, worth roughly $244,748,526, have been placed in escrow. 66,666,659 #XRP (33,065,809 USD) transfer red from #Binance to unknown wallethttps://t.co/OwwbvEdBNs — Whale Alert (@whale_alert) September 2, 2023 The moves come amid the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC). Ripple’s legal representatives have recently issued a re...