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

Strategy Offloads 3,588 BTC In Biggest Sale To Support Dividend Payments

Strategy has carried out the largest Bitcoin (BTC) sale in its history, offloading 3,588 BTC…

3 hours ago

$600,000 USDC on the Line: Deribit and SignalPlus Launch The Island Trading Competition

Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of…

16 hours ago

Memecoins Abandoned: Holders at All-Time Low as Dominance Drops to 3.7%

The memecoin economy is under considerable stress amid a major downturn in the larger cryptocurrency…

1 day ago

‪Is Solana Gearing Up To Flip XRP? Fresh Market Data Tells An Interesting Story

Speculation is mounting in the crypto community over whether Solana (SOL) has the momentum to…

1 day ago

XRP Network Activity Skyrockets As Daily Active Addresses Jump 72% in Two Weeks

XRP remained largely range-bound on Saturday despite high market liquidity, failing to establish a clear…

3 days ago

Strategy CEO Compares Firm to Amazon and Tesla, Says Crises Define Great Companies

Strategy CEO Phong Le believes that periods of turmoil, rather than bull markets, are what…

3 days ago