The post Ripple News: XRP Price All Set For Major Rally Fueled by Increased Whales Activity appeared first on Coinpedia Fintech News
The altcoin market led by the meme coin industry is gradually heating up following the recent Bitcoin (BTC) price hike to an all-time high (ATH) earlier this week. Ripple Labs-backed XRP is slowly catching up and preparing for an inevitable uptrend in the coming weeks.
The large-cap altcoin, with a fully diluted valuation of around $62 billion, has attracted notable attention from whale investors due to its deep liquidity offered by Ripple and its partners.
As of this writing, XRP had an average daily trading volume of around $2 billion amid rising open interest (OI), which has reclaimed $900 million since July last year.
XRP Whale Demand Spike
300,000,000 #XRP (187,134,686 USD) transferred from #Binance to unknown wallethttps://t.co/n6uoHsu3BZ
— Whale Alert (@whale_alert) March 8, 2024
Over the past 24 hours, several XRP w
We współpracy z: https://coinpedia.org/price-analysis/ripple-news-xrp-price-all-set-for-major-rally-fueled-by-increased-whales-activity/
