Whales buy $1.8 billion XRP in a month

Whales accumulated over 880M XRP in the past month

XRP spent April with sideways trading around $2.14. Ledger data, however, showed increased whale accumulation, with over 880M tokens sent to personally controlled wallets.  XRP, the native token of Ripple’s ledger, is drawing the attention of whales despite its lackluster price performance. In April, active whale accumulation resumed, drawing out over 880M tokens out of exchanges and into personally controlled wallets.  XRP wallets with balances…

Whales Accumulate $1.8 Billion in XRP. Here’s The Implication

In a remarkable demonstration of confidence, XRP whales have reportedly accumulated approximately 900 million XRP tokens, valued at over $1.8 billion, within the last 30 days. This massive accumulation, highlighted by crypto analyst Xaif on X, has sparked conversations within the cryptocurrency community regarding the potential implications for XRP’s future price movements. The move by these large holders indicates a strategic shift and hints at…

XRP Price Eyes $3 Breakout As Whale Wallets & Signals Align

Key Insights: Whale wallets holding 10 K+ XRP surpassed 300,000 in May. Ripple (XRP) shows a bullish triangle breakout pattern on the 4H chart. Technical and sentiment signals support a push toward $3 and beyond. XRP price has neared a critical technical zone that will shape its price trajectory. A breakout could push the asset toward $3 in the near term. Over the long run, a broader rally may extend its targets to $30. Technical signals and in…

Whales buy $1.8 billion XRP in a month

Major investors have taken XRP’s April recovery and early May downtrend as a sign to buy, according to the data … Continue reading The post Whales buy $1.