Bank of Montreal, Canada's second-largest bank, disclosed holdings in XRP-focused ETFs as part of its $303 billion investment portfolio in a recent SEC filing. The bank holds shares in Rex Osprey XRP ETF and ProShares Ultra XRP ETF, integrating XRP exposure through regulated U.S. ETF products rather than direct token purchases. This move reflects a growing trend among Canadian banks to cautiously enter crypto markets via transparent funds. The filing also highlights a shift in institutional XRP holders, with midsize asset managers replacing earlier major players like Goldman Sachs.
Twelve large XRP wallets have started distributing their holdings, causing a 50 million token influx on exchanges that threatens the price support established since August. This coordinated sell-off by whales reduces the number of wallets holding 10 ...
XRP price recovered to $1.30 on October 25, gaining 1.56% in 24 hours, yet remains nearly 17% lower over the past month. Large XRP holders (whales) have reduced their holdings, with wallets holding 10-100 million XRP dropping from 351 to 339, while e...
XRP and SHIB topped the Korean cryptocurrency interest index at 84.3 points, with XRP accounting for nearly 16% of Korean trading volume. ONDO displayed the highest concentration of trading in Korea relative to global markets, with its Korean trading...
XRP faces potential downside risk as large holders reduce their XRP wallets from 351 to 339, signaling increased selling pressure. Meanwhile, XRP held on exchanges rose by about 50 million tokens, further indicating possible supply growth. Analyst Al...
Open interest decreased over 24 hours for five major cryptocurrencies, with Solana experiencing the largest drop at 3.62%. XRP recorded the highest perpetual-futures funding rate at 0.0100% every eight hours, equivalent to 10.9% annualized, indicatin...
