$XRP head towards the moon now as
1. Ripple Lawsuit Settlement:
2. XRP Whales Acquire 100 Million Coins Amid Settlement Speculations
This significant accumulation by the whales reflects the market’s growing interest in cryptocurrency. The rising prices and market interest coincide with speculations about a potential settlement in the Ripple vs. SEC lawsuit. Together, these developments have created an optimistic market surge for the XRP.
According to Whale Aler, XRP whales have acquired nearly 110 million coins in recent transactions. Whale Alert reported that an unknown wallet address “rhWj…LQkK” accumulated nearly 39 million coins, valued at $20.44 million. Additionally, two other transactions saw approximately 36 million coins and 34 million coins acquired by wallet addresses “rdQ9…8Cvi” and “rarG…bZKk,” respectively. More importantly, all these recent transfers originated from Binance
Now if we look at
Market data that shows XRP price has outperformed the broader crypto market by nearly 35% since July 5.
XRP open interest has climbed above the $750 million mark for the first time in July.
XRP Price Analysis:
Ripple (XRP) price reached $0.61, marking a blistering 60% rebound over the past 12 days. This surge can be attributed to a mix of internal developments and broader market dynamics, signalling even more upside ahead.
so it is really good news for XRP holder after long long time
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