The post Ripple News: XRP Whale Accumulation Spike, Will XRP Price Surge Above $0.6 Level? appeared first on Coinpedia Fintech News

XRP is at present trying to break the resistance at $0.535, the token is charged with a potential downturn risk as traders and significant holders consider selling off their holdings. 

Recently, the Whale Alert crypto tracking platform tracked an anonymous crypto whale who withdrew nearly half a billion XRP tokens from a Netherlands-based crypto exchange. Notably making it the largest XRP whale activity in recent weeks. Surprisingly, the tokens were moved to an undisclosed wallet for long-term storage. It is the same account that moved 4.6 trillion Shiba Inu tokens from the same exchange to a self-custody wallet by an unregistered wallet owner.