XRP Whales Buy The Dip With 139M Accumulated From Major Exchanges

XRP whales appear to have bought the recent dip, accumulating nearly 139 million coins. The Ripple-backed coin slipped below its crucial resistance of $0.6 today.

Crypto market whales bag 139 million XRP, buying-the-dip.

The accumulations ignite hope on future price movements.

XRP slips below resistance of $0.6.

Crypto market whales have taken action to accumulate nearly 139 million XRP from exchanges against the backdrop of a price pullback today, July 18. On-chain data indicates that a series of accumulation transactions occurred over the past day, igniting optimism over the coin’s future price movements. Despite the crypto’s recent slip below the resistance of $0.6, the accumulations have injected optimism among market participants.

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