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Crypto

XRP Whales Accumulate 72 Million Tokens Amid Price Downturn

Guavy AI Editorial Team
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XRP
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Ripple's XRP token has been experiencing significant price fluctuations, dipping below the $1 psychological level. This sudden downturn has sparked panic among its community.

Despite this major price drop, a group of large investors known as 'whales' continues to accumulate tokens. These whales have purchased over 72 million XRP in just 24 hours, according to an on-chain update.

This accumulation of XRP raises questions about the intentions of these whales and whether they possess information not available to the general public.

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