CandleFocus Only 240 Million XRP in 24 Hours: Whales Are Not There
2025-02-20
Author: Content Editor
The market activity of XRP has decreased as whale transactions have declined. Only 240 million XRP moved in the last 24 hours, indicating a significant drop in large-scale transactions. This lack of whale involvement suggests reduced speculative pressure and leaves XRP's price action to retail traders and smaller investors. Despite this, XRP's price has remained stable, with a 6% increase in market cap over the past day and a 9% increase over the past week. XRP has also seen a surge in price against Bitcoin since November 2024, highlighting its resilience. Additionally, there has been a growth in wallets holding 100,000+ XRP, indicating increased confidence from key stakeholders.
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