• The crypto market has seen a 0.88% drop in the past 24 hours, with XRP among the assets that have lost value.
• Crypto whales have transferred about 385 million XRP tokens to crypto exchanges, worth almost $131 million in the current market prices.
• The largest single transaction was when an unknown crypto whale purchased up to 35.1 million XRP tokens, worth about $11.8 million, through the Bitso exchange.

The crypto market has been feeling the effects of the crypto winter, with XRP among the assets that have recorded a price dip. This has attracted crypto whales, as they have transferred a large amount of XRP tokens to crypto exchanges. According to data from CoinMarketCap, the crypto market has pushed the cumulative market cap to around $812.00 billion, representing a drop of 0.88% over the past 24 hours.

WhaleAlert, an on-chain data provider, reported that crypto whales have moved about 385 million XRP tokens to crypto exchanges within 24 hours. The cumulative tokens are worth almost $131 million in the current market prices. The report indicated that most transfer transactions were on Bitstamp, costing $10.1 million. In addition, one of the whales moved XRP tokens worth about $11.8 million to the Bitso crypto exchange.

An unknown crypto whale is also reported to have purchased up to 35.1 million XRP tokens during this present XRP price dip through the Bitso exchange. As a result, the whale accumulated Ripple tokens worth about $11.8 million. This was the largest single transaction reported by WhaleAlert.

The crypto market has experienced a lot of volatility in recent times, with XRP being one of the most affected assets. The current price dip appears to have attracted the attention of crypto whales, as they have made major transfers of XRP tokens to different crypto exchanges. Nevertheless, the future still looks uncertain for the crypto market, as the effects of the crypto winter continue to be felt.