XRP Price Surge Ahead? Whales Activity Spikes
XRP News reports:The price of the original ecological password XRP of Ripple maintains a trend in winter. However, passwords around the world have been reducing rebound since the beginning of 2023. However, password Whale has a number of different types of solutions for XRP.
Has the whale moved the XRP price?
According to the data, the price of XRP has risen by nearly 10 per cent in the past seven years. The recent surge has been strongly supported by a surge in detailed address theme activities in the past week.
On January 8, 2023, the number of daily active users of XRP is about 41K. However, there was an irreplaceable increase in this number, as the detailed address record of daily active users on January 12, 2023 was 148.5k. The number of daily active users of XRP surged above 107K in just 7 days.Click here to read more XRP news reports, …
WhaleAlert reports that XRP password whales have moved about 193 million XRP ($70 million) in each transaction in the past 24 hours. The larger deal recorded was that a whale bought more than 44.2 million XRP ($15.5 million) from the Bitso password trading center. But in the past 24 hours, the whale has gradually bought about 45.2 million XRP ($30.7 million) from Bitso.
In addition, 88 million XRP dynamic passwords (worth about $30 million) have been moved between different passwords. However, the use of $29.1 million worth of XRP tokens is transferred to Bitstamp.
The dominant surge of social development in XRP
The report states that XRP has already seen a very large surge in social development, which can easily lead to soaring prices in the future. XRP prices have risen 3 per cent in the past 24 hours. As of the time of submission, the average buying and selling price of Ripple's original password is 37 US dollars. Its 24-hour turnover increased by 17% to $1.3 billion.
The soaring price of XRP has also received strong support from the latest news of XRP v. SEC lawsuit. This long-standing case has been awaiting the decision of the petty claims proceedings.