XRP’s Biggest Holders Just Stopped Sending Tokens to Exchanges: Last Time Was...
XRP is trading above $1.41 as the market enters what feels like a decisive phase — a consolidation that has been building long enough that the next directional move is increasingly difficult to delay. The price is constructive, and an Arab Chain report tracking whale behavior on Binance has just identified a shift in large holder activity that adds a specific structural dimension to the current setup. Related Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: Here The Post-Crisis Market Structure The report begins with the March picture, which serves as the....
Related News
Ripple (XRP) is in bearish mode and was down 1.93% as seen overnight. Moreover, Ripple has recently freed up over 1 billion XRP tokens coming from two separate escrow wallets. Currently, the crypto trades at $0.38 on the biggest spot exchanges. Ripple has evidently locked over 55% of XRP’s total supply in escrows way back 2017. Analysts believe that its bearish sentiment or weakness is relevant to Bitcoin’s failure to surpass the $24,000 mark as opposed to the controversial unclasping of new tokens that happened recently. In effect, Ripple is trying to restore most of the tokens that....
With the decline in the price of bitcoin, there has been a lot of selling from investors. This sell-off trend has contributed to the further decline of the digital asset’s prices in recent times. However, as the bear run continues, there has been a marked reduction in the amount of BTC being sold off by the holders. The decline in the number of addresses that are sending their coins to centralized exchanges speaks volumes about this. Sellers Beginning To Cool Off Over the last year, the number of bitcoin addresses that had been sending BTC to centralized exchanges, presumably to sell their....
Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% from this week’s highs. Turbo Team Selling: Time To Exit? According to Lookonchain analysts, the retracement from all-time highs at $0.013 early this week could be primarily due to the team dumping. The team has been sending tokens to Binance and OKX, leading to concerns about whether they....
XRP’s wealth distribution is under the spotlight as new data reveals how much power is concentrated among its largest holders. A crypto analyst has unveiled fresh insights from the XRP rich list, showing the percentage of supply controlled by top wallets and what this could mean for price action. XRP Rich List Data Unveiled XRP’s […]
XRP’s price action in recent weeks has been deprived of bullish momentum, and the derivatives market is also sending clear signals that traders are scaling back their exposure to the cryptocurrency. Data from on-chain analytics platforms like CryptoQuant and Coinglass across leverage and futures activity shows that speculative participation has thinned out considerably, with XRP’s […]