XRP Whales Make a Splash with 600M Tokens – Time to Take Notice! While XRP's price has been treading water around $0.6, a group of
major holders has been diving in headfirst, seizing the opportunity to bolster their portfolios.
According to
Santiment, these
whales have been steadily accumulating since January, even during price dips. In just two weeks, they've added a whopping 600 million tokens to their treasure chests.
On the flip side, smaller fish seem less enthusiastic, with some even
selling off during XRP's recent drops. But don't let that dampen your spirits!
When the
MVRV falls below zero, history suggests an upward correction is on the horizon. So, it's possible these whales are positioning themselves for a profitable swim.
Speaking of charts, XRP's recent performance has seen its fair share of waves. After a 6% surge, it dipped by 2%, settling around $0.544. But fear not – it's now back up to $0.547 and still making ripples.
However, it seems these whales aren't quite riding the wave of profit just yet. The MVRV ratios indicate that their acquisitions are currently swimming below their initial costs.
With these
XRP whales making such big moves, it might be time for us to take notice and consider our own strategies in this ever-changing crypto sea.
