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XRP Eyes $3 as Whale Moves 20M Tokens to Bithumb Exchange – Key Levels to Watch

XRP Eyes $3 as Whale Moves 20M Tokens to Bithumb Exchange – Key Levels to Watch

Published:
2025-05-14 04:06:14
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Bithumb exchange News -

XRP’s market dynamics are shifting dramatically as a single whale transaction moves 20 million tokens worth over $50 million to Bithumb exchange. The transfer coincides with XRP briefly overtaking Tether for third place in cryptocurrency rankings, now sporting a $152 billion market cap after a 10% surge to $2.60.

Derivatives markets echo the bullish sentiment—XRP futures open interest jumped 14.42% to $5.29 billion while options volume spiked 76%. Traders are eyeing $2.65 as the next resistance level, though technical indicators suggest potential retracement to $2.42 could precede further upside.

|Square

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