Large $XRP holders accumulated over 300M tokens in 96 hours, reducing available supply.

Chinese tech is also getting interesting.

FUTU posted record Q2 trading volume, while BABA saw AI Cloud revenue jump 45%.

BABA also plans around $9.3B in CapEx, showing its focus on AI infrastructure.

Both FUTU-USDT and BABA-USDT perpetuals are available on BingX.

#XRP #Macro Insights# #BTC Price Analysis# $BTC