Following shortly after, a subsequent transfer of 26.2 million XRP coins with a value of $13.5 million was executed, bringing the combined total of these two transactions to 77 million XRP. As is commonly observed, substantial transfers like these are frequently associated with individuals or entities who possess substantial quantities of cryptocurrency, colloquially referred to as “whales.” The actions of these whales often serve as indicators for a range of market circumstances, including potential fluctuations in prices or alterations in investor attitudes. Remarkably, this specific transfer of XRP also shed light on possible transformations within the market.
