Category: Crypto News, News
XRP Whales Ignore Buying Opportunities with Zero Major Movement in 14 Days
- 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.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: