Benzinga verify icon

2h
...

XRP Whales Go On A Hoarding Spree, New Users Enter Network Amid Iran Ceasefire Optimism

Whales are increasingly loading up on XRP (CRYPTO: XRP) as signs emerge that geopolitical tensions may de-escalate.

Whales Sensing Something Bullish?

Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post that large investors scooped up 71 million XRP tokens over the past week. At the prevailing prices, this amounted to $96.56 million

Accumulation picked up significantly on Tuesday and Wednesday, just as President Donald Trump announced that negotiations to end the war with Iran were in their “final stages.”

New Addresses Soar

Meanwhile, on-chain analytics firm Santiment reported the fourth-largest spike in new XRP wallet creations this year, signaling robust network…

Read more on Benzinga

965 Reads