CandleFocus Ripple Whale Buys $159M XRP Amid Rally to $3, What's Next?
2024-12-03
Author: Content Editor
A Ripple whale has purchased 60 million XRP, valued at around $159.50 million, amid XRP's impressive rally that has seen a gain of over 426% in a month. This acquisition has sparked hope for a surge to the $3 mark soon. Furthermore, asset manager WisdomTree has filed for a spot XRP ETF with the SEC, and with SEC Chair Gary Gensler's resignation, there is growing optimism that the agency will drop its appeal against Ripple and approve XRP ETFs. XRP's price hit a six-year high of $2.79 and is currently trading at around $2.68, with projections suggesting it could reach $2.84 and potentially reach the $3 milestone. The market is optimistic about XRP's future.
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