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Ripple moves 60M XRP as price hits lowest since Nov 2024, sparking market uncertainty.

Market News
28 May 2026
Tokenpost
View Source
Bearish
pluang ai news

Ripple transferred 60 million XRP, worth over $79 million, to an unknown wallet, triggering speculation about its purpose amid a sharp price drop. XRP fell below $1.30 to $1.26, its lowest since November 2024, increasing bearish sentiment and casting doubt on a quick recovery to $2. The transfer's timing and the price decline have unsettled investors, though Ripple has not commented. Market watchers are closely monitoring if XRP can regain momentum and surpass key resistance levels soon.

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