Guys, institutional moves are happening 👀
An analyst warns of downside risk for XRP: the number of whale wallets has fallen to 339, while exchange reserves have increased by around 50 million tokens.
If big players start pulling out, it doesn't necessarily mean they're bearish, but it will affect sentiment to some extent!
$XRP 24h +0.98%. But remember: they measure their holding periods in years, so we shouldn't copy their day-trading pace.
Will the market turn around later?
#XRP
An analyst warns of downside risk for XRP: the number of whale wallets has fallen to 339, while exchange reserves have increased by around 50 million tokens.
If big players start pulling out, it doesn't necessarily mean they're bearish, but it will affect sentiment to some extent!
$XRP 24h +0.98%. But remember: they measure their holding periods in years, so we shouldn't copy their day-trading pace.
Will the market turn around later?
#XRP