Categories: Payment system news

Massive Whale Buying Spree Could Trigger XRP Supply Shock as Exchange Balances Drop to Lowest Since 2023

Ripple whales have reportedly accumulated more than 50 million XRP ($103 million) in a recent buying spree, according to data from the crypto analytics website Santiment, sourced by a popular crypto commentator. The fifth-largest cryptocurrency by market capitalization is currently trading just above $2.05 after a mild recovery over the last couple of weeks. Ali […]

superadmin

Recent Posts

Israel’s Central Bank Rejects Netanyahu’s Plan to Use Crypto to Bypass Sanctions

Israel’s central bank has pushed back on suggestions to use digital assets to bypass potential…

3 hours ago

Cardano to $4 This Year? Popular Analyst Says Parabolic ADA Breakout Is Coming Despite Frustrating Price Lull

Cardano’s ADA may be struggling to shake off its prolonged bearish slump, but a prominent…

3 hours ago

$13.3T Vanguard Buys $7.5M Worth of Shares in Bitcoin Treasury Company Metaplanet

The line between traditional finance and crypto companies keeps disappearing. This has been further demonstrated…

3 hours ago

XRP steps further into Wall Street as Aviva launches £22B tokenized fund on XRP Ledger

XRP is moving deeper into Wall Street. This is true, as Aviva Investors today announced…

3 hours ago

Ritual Announces AI-Native Layer 1 for Autonomous Agents

Ritual, a lab for autonomous intelligence founded by former Polychain Capital partners Niraj Pant and…

11 hours ago

Evernorth CEO Explains Why He Chose XRP Over Bitcoin

Asheesh Birla, the CEO of Evernorth Holdings Inc., revealed why the Nasdaq-listed digital asset treasury…

2 days ago