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XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days


by Coin Edition
for CoinEdition
XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days

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  • XRP whales are staying neutral, neither accumulating nor off-loading substantial amounts, suggesting a wait-and-see attitude amid market uncertainty
  • This period of low activity aligns with XRP’s recent price stagnation, but historically, such whale inactivity has preceded major market moves
  • Reports indicate that Ripple is initiating a $1 billion treasury program dedicated to purchasing XRP

Ali Martinez, a well known crypto analyst, shared a chart on X highlighting an important development in the XRP market – large holders (wallets holding between 100,000 and 10 million XRP) have shown very little movement over the past two weeks.

In other words, XRP whales are staying neutral, neither accumulating nor off-loading substantial amounts, suggesting a wait-and-see attitude amid market uncertainty.

Related: Ripple Brings Institutional Crypto Custody To South…

Read The Full Article XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.43

+0.42%

$ 0.011

-1.34%

$ 0.238

$ 0.0927

-0.93%

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In This News

Coins

$ 1.43

+0.42%

$ 0.011

-1.34%

$ 0.238

$ 0.0927

-0.93%

Share:

Read More

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SBI Launches ¥10B ST Bonds With XRP Incentives for Investors

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XRP Price Prediction: What Will Be the XRP Price at the End of February?

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XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days


by Coin Edition
for CoinEdition
XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days

Share:

  • XRP whales are staying neutral, neither accumulating nor off-loading substantial amounts, suggesting a wait-and-see attitude amid market uncertainty
  • This period of low activity aligns with XRP’s recent price stagnation, but historically, such whale inactivity has preceded major market moves
  • Reports indicate that Ripple is initiating a $1 billion treasury program dedicated to purchasing XRP

Ali Martinez, a well known crypto analyst, shared a chart on X highlighting an important development in the XRP market – large holders (wallets holding between 100,000 and 10 million XRP) have shown very little movement over the past two weeks.

In other words, XRP whales are staying neutral, neither accumulating nor off-loading substantial amounts, suggesting a wait-and-see attitude amid market uncertainty.

Related: Ripple Brings Institutional Crypto Custody To South…

Read The Full Article XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.43

+0.42%

$ 0.011

-1.34%

$ 0.238

$ 0.0927

-0.93%

Share:

In This News

Coins

$ 1.43

+0.42%

$ 0.011

-1.34%

$ 0.238

$ 0.0927

-0.93%

Share:

Read More

SBI Launches ¥10B ST Bonds With XRP Incentives for Investors

SBI Launches ¥10B ST Bonds With XRP Incentives for Investors

SBI Holdings has filed an amended shelf registration statement with Japan’s Kanto Loc...
XRP Price Prediction: What Will Be the XRP Price at the End of February?

XRP Price Prediction: What Will Be the XRP Price at the End of February?

XRP is set to close February in negative territory despite increased institutional ad...