The post XRP Whales Begin To Offload Millions Ahead Of Ripple’s $125M Settlement appeared first on Coinpedia Fintech News
XRP whales have yet again made headlines, offloading a significant amount of tokens in anticipation of Ripple’s settlement with the SEC. WhaleAlert insights reveal that XRP whales dumped 114.34 million coins to CEXs over the past day. As per the data, 54.34 million XRP was moved to exchanges Bitstamp and Bitso recently. Data as of August 29 showed that the whale address rPz2.. dumped a whopping 60 million coins worth $34.19 million to Binance. These transactions have gained additional traction with only 9 days left for Ripple’s $125M settlement.