XRP price fell below $1 twice this week, but on-chain data shows a surge in withdrawals from exchanges, especially Binance, reaching the highest levels since 2019. Large XRP holders, or whales, have increased their holdings to over 12 billion tokens and bought 72 million more recently, signaling strong demand despite price fears. This increased accumulation and withdrawal activity could reduce selling pressure and potentially stabilize XRP's price in the near future.
Ripple recently minted an additional $50 million of its RLUSD stablecoin on the Ethereum blockchain, pushing the total supply close to an internal record and nearly matching the amount on its native XRP Ledger. This shift highlights growing capital f...
XRP's price fell below $1 for the first time in over 600 days, despite record adoption metrics on the XRP Ledger. This break below a key psychological support level raises concerns about the token's short-term strength, especially as major institutio...
U.S. spot bitcoin ETFs experienced a significant outflow of $131.13 million on Thursday, led by major funds including ARK 21Shares and Fidelity. In contrast, Ether ETFs gained $6.72 million and XRP ETFs added $2.25 million, indicating growing investo...
XRP's price has declined amid uncertainty over the delayed Digital Asset Market Clarity Act, causing investor sentiment to weaken and trading volumes to drop. This has led some XRP holders to explore alternative strategies like UE Crypto's cloud mini...
XRP whales have purchased an additional 72 million coins at the $1 price level, increasing their total holdings to 12.18 billion XRP. This buying activity is offsetting the decline in institutional interest, as XRP ETFs' net assets fell below $1 bill...
