An XRP whale made a huge splash by transferring 410 million tokens worth a whopping $201 million from Bitvavo to a brand new wallet. This transaction followed a large sell-off in the crypto sector, with false reports that the SEC has approved BlackRock’s Bitcoin ETF circulating the internet. The transfer of the token out of exchange increases the probability that the tokens will not be sold, and gives XRP holders a bit of relief. However, this quitting log’s jumpins SWAN song did not have ripple effect on the tokens price, and XRP remained relatively stagnant down byAlmost neard 0.7% and 1.7% in last week. While this lags behind Ethereum and Bitcoin’s increases since the beginning of the year (almost 35% and almost 60% growth respectively), despite this, it doesn’t hold a candle to Solana’s explosive performance (gaining nearly 120% in the same timeframe). Meanwhile, analysts at Sistine Research remain optimistic, estimating XRP will attain a price of $1.5, about double current values. Yet, they also mention that it may take a dip as low as $0.40 before experiencing a surge. These expectations follow xRPs
