XRP whales have procured over 1.6 billion tokens over the past two weeks, as the market shows early signs of a recovery.
After dropping to a low of $1.25 on Sept. 16, XRP embarked on a rebound campaign that built on the momentum witnessed between Aug. 19 and 23. The rebound continued until the $1.6569 local top on Sept. 23, before a pullback ensued.
XRP Whales Add 1.6B+ XRP
Now, fresh data shows that during the recovery effort, large XRP whales went on a shopping spree, accumulating more tokens. Specifically, whales holding between 10 million and 100 million XRP have added more than 1.6 billion tokens to their cumulative balance in the past two weeks.
Data sourced by market intelligence platform Santiment confirms this. Notably, as of Sept. 20, amid the price recovery push, these XRP whales held a cumulative balance of 12.32 billion tokens worth an excess of $17.3 billion at the time. Before then, their figure had ranged between 12.1 billion and 12.5 billion XRP.
#Crypto
After dropping to a low of $1.25 on Sept. 16, XRP embarked on a rebound campaign that built on the momentum witnessed between Aug. 19 and 23. The rebound continued until the $1.6569 local top on Sept. 23, before a pullback ensued.
XRP Whales Add 1.6B+ XRP
Now, fresh data shows that during the recovery effort, large XRP whales went on a shopping spree, accumulating more tokens. Specifically, whales holding between 10 million and 100 million XRP have added more than 1.6 billion tokens to their cumulative balance in the past two weeks.
Data sourced by market intelligence platform Santiment confirms this. Notably, as of Sept. 20, amid the price recovery push, these XRP whales held a cumulative balance of 12.32 billion tokens worth an excess of $17.3 billion at the time. Before then, their figure had ranged between 12.1 billion and 12.5 billion XRP.
#Crypto
