According to blockchain data tracking service Whale Alert, a wallet address starting with "rnomGK" transferred 39,523,129 XRP to cryptocurrency exchange Coinbase at around 14:53 Beijing time on November 11, with a value of approximately $25,853,836.
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Nearly 40 million XRP transferred to Coinbase, worth more than $25 million
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Why is XRP price up today?
Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.
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