{"id":460886,"date":"2024-09-20T13:39:09","date_gmt":"2024-09-20T13:39:09","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=854439"},"modified":"2024-09-20T13:39:09","modified_gmt":"2024-09-20T13:39:09","slug":"ripple-whales-accumulate-228m-in-xrp-in-just-10-days","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2024\/09\/20\/ripple-whales-accumulate-228m-in-xrp-in-just-10-days\/","title":{"rendered":"Ripple Whales Accumulate $228M in XRP in Just 10 Days"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2024\/06\/XRP-Whales.webp\" class=\"ff-og-image-inserted\"><\/div>\n<ul>\n<li><strong>Ripple whales have amassed over $228M in XRP over the last 10 days.<\/strong><\/li>\n<li><strong>Institutional interest, like Grayscale\u2019s XRP Trust, adds to market optimism as whale XRP holdings reach near all-time highs.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>In the last ten days, Ripple whales have aggressively accumulated about 380 million XRP coins, totaling approximately $228 million. This surge in significant purchases follows a price drop to $0.505, which appears to have prompted these powerful investors\u2014who normally own between 10 million and 100 million XRP\u2014to increase their stakes.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Ripple?src=hash&amp;ref_src=twsrc%5Etfw\">#Ripple<\/a> whales bought over 380 million <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> in the past 10 days, worth around $228 million! <a href=\"https:\/\/t.co\/Fs9ayiHITA\">pic.twitter.com\/Fs9ayiHITA<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1836805011721888193?ref_src=twsrc%5Etfw\">September 19, 2024<\/a><\/p>\n<\/blockquote>\n<h2><strong>Whale Holdings Surge Over 7.17 Billion XRP, Signaling Market Optimism&nbsp;<\/strong><\/h2>\n<p>The whales total XRP holdings rose from less than 6.78 billion tokens to more than 7.17 billion. The whale activity correlates with a recent price spike, with XRP rising from $0.5059 to $0.5986 in just one week, representing an 18% gain.<\/p>\n<p>As of writing, <span><a href=\"https:\/\/www.crypto-news-flash.com\/xrp-set-for-a-price-surge-institutional-interest-retail-demand-and-legal-support-as-key-catalysts\/\">XRP<\/a><\/span> is trading at <strong>$0.5813<\/strong>, down <strong><span>1.02%<\/span><\/strong> over the last 24 hours. Despite the short-term fluctuations, underlying market dynamics remain positive. XRP\u2019s daily trading volume presently stands at $1.291 billion.<\/p>\n<p>Given that whale accumulation frequently occurs before significant market events, these big pocket investors\u2019 confidence suggests a bullish outlook for the token.<\/p>\n<p>The recent introduction of the Grayscale XRP Trust has sparked significant interest from institutional investors, adding to the market\u2019s excitement about XRP. According to <span><a href=\"https:\/\/www.crypto-news-flash.com\/grayscales-xrp-trust-sees-11-44-nav-growth-signaling-rising-institutional-interest\/\">CNF<\/a><\/span>, the trust\u2019s NAV (Net Asset Value) increased by 11.44% in just one week after its launch.<\/p>\n<p>This suggests increased institutional demand for the coin, which complements the broader accumulating trend among retail and whale investors alike.<\/p>\n<p>On the other hand, as we previously <span><a href=\"https:\/\/www.crypto-news-flash.com\/xrp-payments-now-available-in-south-korean-cafes-via-surfy\/\">highlighted<\/a><\/span>, South Korea\u2019s Surfy platform enables cafes to accept XRP payments via QR codes, enabling fast and easy transactions. During the test, customers were allowed to make XRP purchases at Cafe Valer, a renowned coffee shop in Gangnam.<\/p>\n<hr>\n<h6>Recommended for you:<\/h6>\n<div class=\"tve-leads-shortcode tve-leads-triggered tve-tl-anim tl-anim-instant tve-leads-track-shortcode_228374\">\n<div class=\"tl-style\" id=\"tve_tcb2_set-001\" data-state=\"50\" data-form-state>\n<div class=\"tve-leads-conversion-object\" data-tl-type=\"shortcode_228374\">\n<div class=\"tve_flt\">\n<div id=\"tve_editor\" class=\"tve_shortcode_editor\">\n<div class=\"thrv-leads-form-box tve_no_drag tve_no_icons thrv_wrapper tve_editor_main_content thrv-leads-in-content tve_empty_dropzone\" data-css=\"tve-u-185a09262cb\">\n<div class=\"thrv_wrapper thrv_text_element\">\n<p data-css=\"tve-u-185a09262d4\"><span data-css=\"tve-u-185a09262d5\">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; No spam, no lies, only insights. You can unsubscribe at any time.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple whales have amassed over $228M in XRP over the last 10 days. Institutional interest, like Grayscale\u2019s XRP Trust, adds to market optimism as whale XRP holdings reach near all-time highs. In the last ten days, Ripple whales have aggressively accumulated about 380 million XRP coins, totaling approximately $228 million. This surge in significant purchases [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":460887,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,11],"tags":[25,101,21518,102],"class_list":{"0":"post-460886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"category-ripple","9":"tag-news","10":"tag-ripple","11":"tag-whales-xrp","12":"tag-xrp"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/460886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=460886"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/460886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/460887"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=460886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=460886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=460886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}