Whales Dive Deep into XRP: Accumulate Over $84 Million in a Week

IconCryptoNewsTerminal Staff23 Jul, 2024

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Whales Dive Deep into XRP: Accumulate Over $84 Million in a Week

Whales Accumulate Millions in XRP: A Bullish Sign? According to cryptocurrency analyst Ali Martinez, whales have shown a strong appetite for XRP in recent days. Data from Santiment indicates that whales have accumulated over 140 million XRP (approximately $84 million) in the past week. This accumulation by whales is a significant development, indicating their belief in the long-term potential of XRP. It also suggests that the recent dip in XRP's price may have created a favorable buying opportunity for large investors. Whether this accumulation will translate into a price surge remains to be seen. However, it is a positive sign that whales are continuing to invest in XRP, even amidst market volatility.

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