900,000,000 XRP Scooped in 2 Days as Whales Take Control Ahead of ETF Launch
Main Idea
Whales have accumulated 900 million XRP in two days, signaling potential price rally ahead of a possible XRP ETF launch, despite recent mixed price actions.
Key Points
1. Whales bought 900 million XRP worth over $2.88 billion in two days, as per on-chain data from Santiment.
2. XRP's price rebounded above $3.2 during the accumulation period, despite recent downtrends.
3. The spike in whale holdings began in late July, correlating with a previous rally toward multi-month highs.
4. Investors remain optimistic due to potential XRP ETF launch and developments from Ripple.
5. Market participants anticipate a possible uptrend that could push XRP to a new all-time high.
Description
XRP prepares for more rally as whales continue with aggressive accumulation
$XRP
$3.1418
-1.84%
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