"Whale Investors Sell 370 Million XRP in Two Weeks"

Source
Son Min

Summary

  • It was revealed that whale investors have sold over 370 million XRP in the past two weeks.
  • This amounts to approximately $765.9 million, or about 1.0892 trillion won, based on the current price.
  • It was reported that XRP has fallen by 3.90% compared to 24 hours ago on the Binance USDT market.

It has been revealed that whale investors have sold a large amount of XRP over the past two weeks.

On the 16th (local time), virtual asset analyst Ali Martinez stated via X (formerly Twitter) that "according to Santiment data, whales have sold over 370 million XRP since early April." This amounts to $765.9 million (approximately 1.0892 trillion won) based on the current XRP price.

As of 6:01 PM, XRP is trading at $2.07 on the Binance USDT market, down 3.90% from 24 hours ago.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

11 hours ago
[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

14 hours ago
Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

15 hours ago
Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

17 hours ago
[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

17 hours ago
This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

Trending News