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…
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 is consolidating above the $2 mark after a volatile stretch, as the market begins to wake up and traders watch for the next directional move. While price action remains relatively stable, on-chain data suggests that selling pressure from large holders may be easing, creating a more constructive short-term backdrop for bulls. A report from…
