Ripple whales accumulate 50 million XRP in 24 hours, showing strong market interest.
Whales add $29.5 million in XRP during price dip, indicating strategic accumulation.
XRP whales’ steady buying signals confidence despite recent market fluctuations.
Ripple whales have been on the move, accumulating over 50 million XRP in the past 24 hours. This significant acquisition has boosted their holdings by an estimated $29.5 million. The buying spree highlights the continued interest and activity in the XRP market, especially among large investors known as whales.
#Ripple whales have scooped up over 50 million $XRP in the past 24 hours, boosting their holdings by approximately $29.5 million! pic.twitter.com/nqNMG2J5Ng
— Ali (@ali_charts) August 27, 2024
A recent post by Ali reveals a clear pattern of whale transactions. These high-volume traders, holding between 1,000,000 to 10,000,000 XRP, have been making significant moves. The chart shows a link between whale transactions and XRP’s price movements, emphasizing their influence in the market.
The accumulation happened during a time of noticeable price changes for XRP. The chart shows sharp price mov…
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