Friday’s selloff pushed XRP deeper into the red, completing a 22% retrace over the past 30 days and sending the token below $1.10 for the first time since November 2024. For many, this move immediately raises the most important question in the current climate: could the altcoin reach the $1 mark again soon, or is…
Tag: XRP Whales
XRP Confirms Negative Breakout With Price Headed For $1.14 – Analyst
Over the last week, the XRP market endured a dominantly bearish mood. During this time, the altcoin’s price declined by more than 5% amid general market struggles. A broader overview shows that XRP has remained range-bound between $1.29 and $1.55, with this range stretching back to February. However, recent technical developments on the daily chart…
XRP Declines 8%, But Whales Scoop Up 71 Million Tokens
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…
XRP Whales Now Hold Most Tokens Since 2018 As Price Eyes $1.50
XRP’s largest holders have pushed their combined balances to the highest level in nearly eight years, according to on-chain analytics firm Santiment, as the token tests the upper end of a recent trading range near $1.50. Santiment said wallets holding at least 10 million XRP now control 45.83 billion tokens, valued at roughly $68.5 billion…
XRP Faces Short-Term Risk As Whale Inflows Hit Binance, On-Chain Data Shows
XRP’s short-term setup is facing renewed pressure after a sharp burst of exchange inflows to Binance, with on-chain data showing that the move was driven primarily by large holders. The spike matters because it points to a sudden increase in potential sell-side supply at a time when broader market momentum remains weak. CryptoQuant contributor Darkfost…
XRP Whales Wake Up: $100,000+ Transfers Hit 3-Month High
XRP Ledger whale activity spiked sharply at the start of the week, with on-chain data provider Santiment flagging a surge in large-value transfers that pushed the network to its highest $100,000+ transaction count in roughly three months, a setup the firm says typically coincides with elevated volatility. XRP Whales Are Waking Up Again “XRP Ledger…
XRP At Risk Of A Drop To $0.80? Analyst Makes The Case
A cryptocurrency analyst has explained how XRP could be at risk of a drop toward $0.80 based on the data of some on-chain indicators. XRP Has Seen Bearish Developments In On-Chain Data In a new Active Addresses on-chain indicator. This metric keeps track of the total number of addresses that are taking part in some…
XRP Selloff: Whales Shed Coins Worth $1 Billion In A Week
On-chain data shows the XRP whales have distributed a significant amount during the past week, a sign of negative sentiment among large holders. XRP Whales Have Shed 510 Million Tokens From Their Holdings As announced by analyst Ali Martinez in a new whale” is typically defined as an XRP investor holding between 1 million and…
XRP Whales Are Selling: $50 Million Exiting Wallets Every Day
On-chain data shows the 30-day netflow of the XRP whales has remained deep negative recently, a sign that the asset is under persistent selling pressure. XRP Whale Flow Is At A Negative $50 Million Per Day At The Moment As explained by CryptoQuant community analyst Maartunn in a new Whales” refer to the big-money investors…
XRP On-Chain Activity Signals Imminent Sell-Off — What’s Happening?
An alarming pattern of XRP whale activity has been noted, posing several questions about the sustainability of the cryptocurrency’s growth. Among the multiple questions currently being asked, one is more demanding of an immediate response: Is an XRP whale sell-off on its way? XRP Supply Surges Across Major Exchanges In an October 3rd post on…