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Bitcoinist

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XRP Bullish Signal: Whales Go On $223 Million Buying Spree

  • XRP whales have shown significant net expansion in their holdings over the past ten days, indicating a bullish signal for the cryptocurrency.
  • Whales refer to entities holding between 10 million and 100 million XRP, and their collective behavior can influence the market sentiment.
  • The XRP whales have added a net 380 million XRP (approximately $223 million) to their wallets in the last ten days.
  • This buying spree by the whales has contributed to a 10% recovery run for XRP, and if they continue to accumulate, a rally in the cryptocurrency's price may be expected.

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