Market Insights: Unprecedented Crypto Whale Activity Sparks Speculation on XRP’s Future Value
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Ripple Whales Add $78M in XRP, Price Eyes $4.5 Mark
A staggering $78 million worth of XRP has been purchased by crypto whales in the last 24 hours alone, according to a recent tweet from a prominent crypto expert. This massive buying pressure could be indicative of significant price action in the coming days and weeks.
As reported, these whales have acquired an additional 30 million XRP tokens in a single day. This is not the first instance where such large transactions have taken place, as they had previously bought 920 million XRP from Binance just yesterday.
This significant buying pressure has led to an increase of over 6% in XRP’s trading volume within the same time frame, further solidifying this asset’s potential for future growth. It seems that these whales are not only interested in accumulating assets but also generating massive profits by selling them at higher prices.
Ripple Whales Add $78M in XRP, Price Eyes $4.5 Mark
Source: coinpedia.org
