XRP’s drop from $0.62 to $0.41 this week appears to have caught the attention of whales.
Amid the downturn, these big players in the crypto market have seized the opportunity to accumulate the cryptocurrency that currently stands in seventh position by market cap.
XRP’s Whale Activity Intensifies
According to the latest findings by popular analyst Ali Martinez, over 31 million XRP was bought in just the past week alone. This sudden surge in whale activity suggests a bullish sentiment towards the asset, indicating that investors see potential for a rebound in its value.
$XRP dropped from $0.62 to $0.41, and #crypto whales took notice. They’ve bought over 31 million #XRP in just the past week! pic.twitter.com/3FCA3PR3hi
— Ali (@ali_charts) April 23, 2024
XRP saw a relatively stable start to the day, surging by a modest 2% during the same period as it pushed past $0.54. The price action extended weekly gains to 11.30%.
Amidst Ripple and the Securities and Exchange Commission’s
We współpracy z: https://cryptopotato.com/xrp-prices-plunge-spurs-whale-buying-frenzy-amidst-ripple-vs-sec-saga/
