XRP Hits an 11-Week Low: Whales Accumulate Despite Steep Price Decline
- XRP fell 6% on November 6, trading at $1.18.
- This is the first time XRP has fallen below $1.19 since late August, marking an 11-week low.
- This bearish trend comes as the broader cryptocurrency market faces pressure.
- Despite the price decline, “whales” (large investors) continue to accumulate XRP.
- Data also shows XRP is flowing off exchanges.
#XRP #Ripple #CryptoNews #BinanceSquare
$xrp
#vlikevn Titanbot
Source: CoinGape
- XRP fell 6% on November 6, trading at $1.18.
- This is the first time XRP has fallen below $1.19 since late August, marking an 11-week low.
- This bearish trend comes as the broader cryptocurrency market faces pressure.
- Despite the price decline, “whales” (large investors) continue to accumulate XRP.
- Data also shows XRP is flowing off exchanges.
#XRP #Ripple #CryptoNews #BinanceSquare
$xrp
#vlikevn Titanbot
Source: CoinGape