The cryptocurrency market, known for its volatility, recently witnessed XRP entering a phase of recovery, only to face renewed selling pressure following a substantial on-chain transfer on October 13. Whale Alert data reported a transfer of 23,880,253 XRP, equivalent to approximately $62.6 million, from an unidentified wallet to the Binance exchange.
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Source: https://en.bitcoinhaber.net/xrp-faces-renewed-market-pressure-after-whale-movements