xiaoyao
@xys
Santiment stated on the X platform that XRP has now surpassed a 3-year high, reaching $1.2679 on Binance for the first time since November 11, 2021. This rebound is due to the main whale wallets holding 1 million to 100 million tokens. In just the past week, this group has accumulated a total of 453.3 million tokens (worth 526.3 million US dollars). At the same time, the tokens they have accumulated mainly come from retail traders who attempt to sell their tokens when XRP experiences a slight increase. Last week, wallets holding less than 1 million XRP sold a total of 75.7 million tokens (worth $87.9 million). From a historical perspective, when cryptocurrency traders increase their holdings and confidence, their market value often experiences positive growth, and at the same time, the FUD of the retail industry further drives this growth. This is exactly the scenario presented by XRP. @tfoxx @ftima
0 reply
0 recast
0 reaction