Whale activity in XRP increases: Will it breach $0.40 next?
Whale movements in XRP are experiencing an uptick in December as its on-chain activity and trading volume witnessed an increase . According to Santiment, whale purchases into XRP rose from 16.7% to 18.3% in the last five weeks. The development indicated that whales are accumulating more XRP tokens by making use of the market dips. A sudden spurt in whale activity is usually an indicator that something larger could be brewing. However, despite the big purchases, XRP’s price movements are yet to materialize on the greener side of the spectrum. Also Read: FTX Token Drops 99% From ATH After Sam Bankman-Fried’s Arrest Follow the blue indicator line: #XRP whale addresses' supply held went from 16.7% to 18.3% in 5 weeks. Source: @santimentfeed https://t.co/GwkN6bH8jT pic.twitter.com/DKCTMyD2xV — ☀🌸Crypto Eri 217k Followers (beware of imposters) (@sentosumosaba) December 14, 2022 “And as soon as its price started to retrace, whale addresses ...