CoinDesk·3 min read·medium
XRP whales accumulate as small holders capitulate
O
Omkar Godbole
✦AI Summary
On-chain data indicates that large XRP holders, or 'whales,' have been accumulating the cryptocurrency while smaller retail investors have been selling. Analysts suggest this divergence is a bullish signal for the asset's price performance.
Payments-focused cryptocurrency XRP’s price has risen over 8% in five weeks and during this time, there has been a notable divergence in accumulation trends of large holders or whales and small holders.
businesscryptotechnology
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