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Millions of XRP Grabbed by Top Whales as Crypto Market Declines

XRP's price dipped alongside the rest of the crypto market in declines fueled by macroeconomic uncertainty and industry concerns. Binance, the world's largest crypto exchange by trading volume, paused BTC withdrawals on two occasions as the Bitcoin network saw unusual congestion. At the time of writing, XRP was down 5.33% in the last 24 hours at $0.433. The XRP price has seen a steady decline after bulls made an unsuccessful attempt to push its price past the $0.54 level in mid-April. The sell-off brought XRP below the key daily MA 50 level at $0.48 as bears showed no respite.

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