The Ripple (XRP) whale transferred 90 million XRP to Bithumb. After the information shared by Whale, XRP showed a 5% price increase in the last 1 day.

XRP, which has experienced sharp volatility for the last 1 month, managed to survive the crypto massacre and not only preserved its place in the top 10, but also passed Solana (SOL) with its performance in the last few days and rose to 7th place.

However, the Ripple token, which fell back to 8th place with the latest movements, experienced a new acceleration today. XRP millionaires, with addresses holding at least 2 million coins, increased their transfer activity during the declines of 2022.

According to the latest data posted on Twitter by the leading blockchain monitoring and crypto analysis firm Whale , 90 million XRP coins were transferred from a digital address to the crypto exchange Bithumb.

The transaction worth $56 million was executed hours ago. Whale reported the situation with the following tweet; "20,000,000 #XRP (12,154,487 USD) transferred from #Bithumb to unknown wallet"

Transaction Details1

The transfer to Bithumb represents one of the largest on-chain movements of the digital asset in the last 3 days. In addition, yesterday, another crypto whale moved 20 million XRP coins (worth more than 12 million dollars) from Bithumb to an unknown wallet.

Whale reported the situation with the following tweet; "90,000,000 #XRP (56,396,701 USD) transferred from unknown wallet to #Bithumb"

Transaction Details2

After all these developments, Ripple (XRP) recorded an increase of about 5%. The price of Ripple (XRP), which is in a better condition compared to Ethereum (ETH) (19%), Solana (SOL) (30%) and Cardano (ADA) (26%), which has experienced serious losses in the last 7 days, has dropped by 15%. Compared to the three popular altcoins in question, the 15% drop in XRP seems tolerable.