Salute to the Cryptians!

This week, the whales in the crypto world proved once again that their movements are not just numbers, but a real force capable of changing asset prices. Let's look at how large holders affected Dogecoin, Litecoin, and Ripple. 😎

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Dogecoin (DOGE) 🐕

The situation changed dramatically after November 8, when large holders suddenly started selling DOGE. At the time of writing, their net inflow reached 1.72 billion DOGE - purchases worth about $636 million!

This wave of accumulation has been reflected in the price of the coin: in the last seven days, the price of DOGE has skyrocketed by 85%! 🔥 If whales continue to buy, there is every chance that the price will break the $0.37 level next week. And if not? Well, range trading is not so bad, right? 😉

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Litecoin (LTC) 💡

Litecoin whales have not been left out either. As of November 11, addresses with balances between 1 million and 10 million LTC held 6.33 million coins, but at the time of writing, their balance has grown to 7.57 million. This means that they have invested $106 million in LTC!

The result? The altcoin's price has risen 20% in the last seven days, breaking through $85.87. If the trend continues, Litecoin has every chance of reaching $100 in the near future. 💪

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Ripple (XRP) 🌊

XRP is, as always, in the spotlight. Whales have been buying up the token this week. Why? Perhaps it has to do with its debut on Robinhood or rumors of SEC chief Gary Gensler's resignation.

Addresses with balances from 1 million to 10 million XRP increased their holdings from 3.82 billion to 3.97 billion, and large wallets with 10 million to 100 million XRP increased their holdings from 6.79 billion to 6.95 billion. In total, large players purchased 310 million tokens worth about $267 million! 😯

This accumulation has already reflected in the price of XRP, and if the trend continues, this altcoin may well pleasantly surprise its holders. 🎉

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Whales are moving the market, and you can be in the know

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#Crypto #Dogecoin #Litecoin #Ripple #Whales #Trading#Investment