More than 95.25 million XRP were transferred from OKX to an unknown wallet, worth about $236 million
According to Whale Alert monitoring, 95,254,697 XRP (approximately $236 million) was transferred from the cryptocurrency exchange OKX to an unknown wallet at 16:37.
XRP Price Analysis: Key Levels to Watch for Potential Recovery
XRP (XRP) has seen a decrease of around 35% in the past month, attributed to the ongoing tariff disputes initiated by US President Donald Trump. Despite this, the XRP price is currently holding above $2.00, with analysts emphasizing the importance of reclaiming $2.20 for a sustainable recovery. Egrag Crypto, a market analyst, points out that XRP is trading above a significant support level, indicating strong buy orders in that region. The analyst also highlights key resistance levels to watch for on the upside, such as $2.20, $2.60, $2.80, and $3.10. Additionally, caution is advised as a breakdown may occur if $2.20 does not hold, as indicated by the 21-day EMA crossing with the 100 SMA.
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.
Hong Kong Virtual Asset Consortium removes XRP from global crypto index
Solana took over XRP's position in HKVAC's top 5 cryptocurrency global index, and AVAX replaced Tron, amid market fluctuations in the past 30 days.
