Analysis: Giant whale transfers XRP worth about $4.87 million, or triggers significant price changes

According to AMBcrypto, according to Whale Alert, at 1:19:11 am, a large transfer occurred on the Ripple chain, and nearly 17.91 million XRPs (worth about $4.87 million) were transferred from the Ripple wallet address at the beginning of rBg2Fu to the unknown at the beginning of rNuKBt. Wallet address. It is clear from recent and previous XRP transactions that as the cryptocurrency market continues to experience volatility, XRP whales have become active. Since the price of XRP barely shows any positive signs above the support level of $0.26, such a whale activity may eventually trigger significant price volatility.