The timing of the move remains significant, as the XRP price has been on a tear since May 25. Investors often move their crypto assets to exchanges for several reasons, among which is to sell them.
On a broader scale, XRP's price started climbing after a brief consolidation near the May 8 lows of $0.41. The rise, which saw six days of consecutive positive action until May 20, was punctuated by a brief consolidation before the bulls resumed action once again.
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