According to WhaleAlert, XRP whales have accumulated nearly 110 Million coins in recent transactions. It was reported that nearly 39 million coins, worth $20.44 million, were accumulated by an unknown wallet address “rhWj…LQkK”. In the other two transactions, around 36 million coins and 34 million coins were accumulated by the wallet addresses “rfQ9…8Cvi” and “rarG…bZKk”. Notably, all these latest transfers were made from Binance. There was also a recent selloff, which sparked concerns among investors as a whale sold about 28 million XRP to Bitstamp.

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