Reading time: ~2 m
Against the backdrop of the recent downturn in the market, Ripple’s XRP whales have become quite active again. According to online network data provider Santiment, XRP whales owning between 1 and 10 million coins are actively accumulating. Santiment wrote :
« XRP Network Whalesowning between 1 and 10 million USD XRP, collectively accumulated and now holds the highest percentage of the asset’s supply in 2 months. This is the most active level of non-exchange holders, and they currently own 6.12% of all. $XRP» .
Courtesy of: Santiment
The XRP cryptocurrency has been part of a brutal market crash and has corrected more than 50% in the past two months. At the time of publication, XRP is trading at $0.40 and is the sixth largest cryptocurrency in the world by market capitalization.
#XRP #whales #continue #accumulate