Sept 25, 2024
Sept 25, 2024
384 million XRP tokens worth $224.3M were transferred by a whale, raising market concerns.
A whale made four transfers, the largest at $57.77M, sparking market dump speculation.
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Ripple’s $117M XRP transfer may indicate a $125M SEC penalty, potentially closing the case.
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XRP’s current price is $0.5881. Bulls aim for $0.60, but whale profit-taking may limit gains.
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Despite bullish sentiment, whale sell-offs could shorten the momentum if profits are quickly realized.
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