Recently, debate among the XRP community has been stirred due to a $15.1 million XRP transaction that caused Whale Alert (@whale_alert) to issue a report. This massive transfer of 31,400,000 XRP from an unidentified wallet to Bitstamp generated much speculation about the reason behind the transfer and potential dumping of these tokens before the predicted FTX sell-offs. With so much instability in the crypto industry resulting from disputes between Securites and Exchange Commission and Ripple (who are challenging the SEC’s laws on XRP tokens), and XRP being a rich target worth $119 million for the now liquidating FTX company, XRP still remains unwavering at around the $0.49 level. Even more impressive is that fees have not affected its environment, with more than 210 million XRP transactions of sending tokens reported around October 3; Mourinho’s attitude is also steadfast, and has vowed to resist all proceedings until the end in investment with the broad crypto industry including Binance.
