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<ul class="news-points">
 <li><strong>XRP whales accumulated $6.82 million worth of the token over the past week.</strong></li>
 <li><strong>XRP’s support at $0.57 may be crucial to a possible run to $0.67 if buying pressure increases.</strong></li>
 <li><strong>The token may test a new yearly high if whales continue to buy and Bitcoin drives towards $40,000.</strong></li>
</ul>
<p>Whales have purchased around 11 million worth of <a href="https://coinedition.com/tag/ripple-xrp/" rel="noopener noreferrer nofollow">Ripple (XRP)</a> in the last seven days, Crypto analyst Ali Martinez disclosed. Martinez, who shared the data from on-chain analytic platform Santiment, noted that the value of these tokens was around $6.82 million.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a> | On-chain data shows that <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> whales have purchased around 11 million <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> over the past week, worth roughly $6.82 million! <a href="https://t.co/VnWpaMoOYR" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VnWpaMoOYR</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1728517545408217420?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 25, 2023</a>
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<p>Typically, when these whales accumulate in large numbers, it signals a shift in market sentiment and a potential increase in value. So, traders can modify their strategies and possibly capitalize on this likely market movement.</p>
<p>However, according to CoinMarketCap, the buying spree’s effect has not yet been reflected on XRP. At press time, the XRP’s value was $0.62, indicating that the token has been consolidating around the same are…</p>
<p>The post <a href="https://coinedition.com/ripple-xrp-whales-are-at-it-again-time-for-a-yearly-high/" rel="noopener noreferrer nofollow">Ripple (XRP) Whales Are At It Again: Time for a Yearly High?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple (XRP) Whales Are At It Again: Time for a Yearly High?

Coin Edition

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