Crypto Blog
Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days.
According to the latest analysis by CryptoQuant, this figure marks the largest influx of XRP by large holders since April 2024, indicating a notable uptick in activity among whales.below the $2 support threshold, likely due to signs pointing toward a possible price increase. The significant volume of XRP acquired suggests these market participants have strong faith in the token’s future performance despite the ongoing price fluctuations.
XRP’s price has since recovered, and the asset was trading near $2.42 at the time of writing, surging by approximately 10% over the past day.to launch RLUSD, its new stablecoin. Ripple Labs CEO Brad Garlinghouse confirmed the approval from the New York Department of Financial Services after a lengthy review process., Garlinghouse mentioned that Ripple would soon reveal RLUSD’s exchange listings and partnerships.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC, XRP, DOGE Price: Dogecoin Drops, Bitcoin Steady Ahead of US CPIXRP whale exchange deposits hit a six-month high early Tuesday, indicating short-term bearish pressure.
Read more »
XRP News: Ripple Whale Activity Zooms to Record High, But Signs of ConcernsWhales can move markets with their buying or selling pressure, and tracking this can indicate their market sentiment.
Read more »
Ripple's XRP sees over $4 billion in profit-taking following surge in whale activityRipple's XRP is down 5% on Tuesday after news of South Korea declaring martial law sparked a surge in selling activity and significant profit-taking among investors.
Read more »
XRP Stunned by Mysterious $25 Million Whale Activity on BinanceWhopping $25 million in XRP just left Binance for "unknown" wallet — Here's what's really behind mystery
Read more »
Killer Whale Pod Members Team Together When Hunting Whale SharksOrcas appear to select the youngest fish, work together to flip them upside down, then target the most vulnerable areas of their bellies.
Read more »
Social Security Update: Deposits of up to $4,873 To Be Paid Out This WeekMillions of recipients across the United States will receive their check on Wednesday. Will you be one of them?
Read more »