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Gigantic XRP whale moves over $230 million tokens

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Cryptocurrency whale s are both feared and respected due to their accomplishments and impacts on the cryptocurrency market. Now, an XRP whale has made investors tremble, looking for its next move. The whale in question moved over 443 million XRP tokens from ‘ra9cJ…Lg4Gf’ to ‘rudsb…TVYdG’ on January 16. Notably, the latter is a recently opened address, which could belong to the same owner of the former. XRP whale account summary. Source: XRP Scan On that, Finbold traced this amount back to the account ‘rpiY9…TT8CK’. This whale address received over 425 million XRP from a Bitvavo account in August 2023. Interestingly, these tokens jumped from one address to another multiple times. Moreover, each time this amount – currently worth over $230 million – was moved, it followed a similar pattern: A recently opened address received over 425 million XRP, made some smaller intermediate transactions, and moved to the next address. XRP whale sell-off could impact the price Crypto...