Recent XRP Data Shows Whales Increasing Holdings Amid Price Decline
05.07.2024 21:00 1 min. read Alexander Stefanov
XRP has seen a rise in holdings by its largest investors, known as whales, despite recent price declines.
Santiment data reveals addresses with over 1 billion XRP increased their share from 39.81% in mid-June to 41.46% now.
This accumulation trend is viewed positively for potential price stability.
Whales’ buying suggests confidence in XRP’s future, despite its recent drop to $0.43, down 6.52% in 24 hours, with potential to reach $0.45.
However, other metrics show reduced token movement from long-term holders, easing selling pressure.
Technical indicators suggest XRP is oversold, hinting at a rebound, though uncertainties remain about market conditions and investor actions influencing XRP’s price.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
Binance Announces Next Megadrop: New Airdrop Listing Confirmed
08.04.2025 20:00 2 min. read -
3
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
4
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
5
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read
ARK Invest Makes Bold Move into Solana with Staked ETF Bet
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
Altcoin ETFs Flood SEC as Bitcoin Maintains Unshakable Market Dominance
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
XRP Futures Go Live on Coinbase, Opening Doors to Institutional Investors
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.
Tether’s $1B Mint Spurs Speculation as Bitcoin Bounces Back After Powell–Trump Clash
A fresh wave of speculation has hit the crypto market following a hefty stablecoin issuance by Tether, which quietly minted $1 billion worth of USDT on the Tron network earlier today.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
Binance Announces Next Megadrop: New Airdrop Listing Confirmed
08.04.2025 20:00 2 min. read -
3
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
4
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
5
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read
