XRP Declines 8%, But Whales Scoop Up 71 Million Tokens

On-chain data shows the XRP whales have gone on a 71 million coin buying spree over the past week even as the asset’s price has dropped. XRP Whales Have Increased Holdings Recently In a new post on X, analyst Ali Martinez has talked about the latest trend in the supply held by whales on the XRP network. “Whales” refer to the entities holding a considerable amount of the asset in their wallet balance. Related Reading: Bitcoin $78,000 Rebound Fizzles As Coinbase Premium Stays Red These investors c