Whales Add 65,000,000 XRP in Four Days as Price Falls
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Cryptocurrency News | Cryptocurrency Prices | Market CapWhales Add 65,000,000 XRP in Four Days as Price Falls
XRP’s largest holders have increased their balances by approximately 65.32 million XRP over four days, even as price continues falling toward the psychological $1 level. The accumulated tokens were worth nearly $72 million at prices prevailing during the accumulation period, according to Santiment-derived data.Visit Website
The recent sharp declines in the cryptocurrency market have brought the actions of large investors back into the spotlight. Popular cryptocurrency analyst Ali Martinez shared noteworthy data by examining the transactions of Bitcoin (BTC), Ethereum (ETH), and XRP whales in recent days. According to Martinez's analysis, based on Santiment data, while Bitcoin and Ethereum whales are reducing their holdings, XRP whales are doing the opposite and buy…
Key Points of the News XRP whales accumulated 65.32 million tokens, valued at approximately $72 million for four days, raising their joint holdings above 4 billion XRP. Bitcoin whales sold more than 34 000 BTC, equivalent to about $2.6 billion, during the last week. Big investors have been selling more than 34,000 ... Read more
XRP whales have purchased approximately 65.32 million tokens in the last four days, paying a total of nearly $72 million for them.
XRP Spot Volume Surges 53% as Binance Open Interest Reaches Multi-Month Low
XRP’s spot market is getting busier as its derivatives market contracts. The split is emerging while the token trades near $1.10, raising a key question: does higher spot turnover signal returning demand, or are leveraged traders simply retreating? Rising Spot Turnover Fails to Lift XRP Price CryptoQuant contributor Amr Taha reported that the seven-day average […] Read The Full Article XRP Spot Volume Surges 53% as Binance Open Interest Reaches …
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