XRP Whales Scoop Up 190M Tokens During Steep Weekly Price Drop - Crypto Economy

During the past week, whales accumulated 190 million XRP amid a broad market decline, according to crypto analyst Ali Martinez. At the current price of $1.35 per unit, that volume is equivalent to approximately $256.5 million.

One of the most striking transactions occurred when an unknown address acquired more than $35 million in tokens in under an hour, through a bot that executed 156 identical purchases of 10,000 units each. This type of operation is typically interpreted as strategic positioning at prices considered attractive by the market.

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According to Santiment data, 32,054 wallets each hold more than 100,000 XRP, indicating a strong and growing concentration of capital among large holders. At the same time, XRP spot ETFs recorded net inflows of $2.6 million for the week, although March as a whole accumulated total outflows of approximately $28 million. The token’s price hovers around $1.35, posting a 1.2% gain over the past 24 hours, with trading volume surging more than 81%.

Source: https://x.com/alicharts/status/2038587544267346231


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