Editor's PiCK

Will XRP rise further…“Number of XRP Whales Hits All-Time High”

Source
Uk Jin

Summary

  • The price of XRP has risen sharply recently, and the number of whale wallets has reached an all-time high of 2,743.
  • Currently, whales hold a total of 47,320,000,000 XRP, which is analyzed as a very positive indicator for XRP.
  • The report stated that if Bitcoin (BTC) stays above $110,000, investors may allocate profits to altcoins.

The market is focusing on the possibility of an additional rally for XRP, which has recently experienced a sharp surge. Along with the price increase, the number of whales (wallets holding at least 1 million XRP) who have bought XRP has also surged.

According to Cointelegraph, a specialist virtual asset media outlet, Santiment, a cryptocurrency analytics firm, reported on the 12th (KST) that "the number of XRP whales now has soared to 2,743, reaching an all-time high," and added, "These whales hold a total of 47,320,000,000 XRP." The report continued, "This dual trend is a very positive indicator for XRP."

Based on this, Santiment explained that an altseason may be on the horizon. The report stated, "If Bitcoin (BTC) maintains its key psychological support at $110,000 or higher, investors may allocate profits into altcoins."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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