These XRP whales have continued to augment their holdings since May 7 – a pattern observed during the start of the previous run in March. XRP whales – particularly addresses holding 10 million to 100 million XRP – have been augmenting their holdings since May 7. These addresses have purchased over 52 million XRP ($22.9 million) in the past three weeks as XRP breaks the long-term resistance point at $0.46. Ali Martinez, an accomplished chartist, first called public attention to the accumulation campaign, citing data from the behavior analytics resource Santiment. According to Ali, the accumulation trend suggests that these whales are bullish on Ripple. https://twitter.com/ali_charts/status/1662215112659456000 The Santiment chart indicates that the addresses held a cumulative amount of 4.02 billion XRP on May 7. This balance has soared by 13% since then, standing at 4.54 billion XRP ($2.13 billion) as of May 26. [caption id="attachment_48966" align="alignnone" width="600"] XRP Whales 10M to 100M[/caption] The sudden spike in cumulative balance came up after a selloff campaign that started on April 12. This selloff picked up at a time when XRP was caught in an extensive consolidation phase following the exhaustion of the previous rally. The selloff persisted until May 7 and was

Whales Amass 52M XRP in 2 Weeks as XRP Breaks Resistance; Something Brewing?

TheCryptoBasic

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