On-chain data shows the XRP whales have gone on a 71 million coin buying spree over the past week even as the asset’s price has dropped. XRP Whales Have Increased Holdings Recently In a new Whales” refer to the entities holding a considerable amount of the asset in their wallet balance. These investors can carry…
Tag: XRP Accumulation
Binance Records Sharp Drop In XRP Reserves — What This Means For Price
The XRP price continues to struggle amid bear pressure within the market. On Friday, XRP rose by about 5.7%, which, while positive, was only a relief to an initial 7.1% loss seen earlier during the week. Meanwhile, a recent on-chain evaluation suggests that the XRP market could soon be entering an accumulation phase that could…
XRP Whales Loading Up – Data Reveals Buying Activity
XRP has faced a sharp downturn over the past few days, shedding over 23% of its value since Tuesday. This steep correction has mirrored the broader market’s turbulence, intensifying negative sentiment around XRP. However, notable developments are emerging beneath the surface of this bearish price action. Key on-chain data from Santiment reveals that whales are…