XRP Large Holders Are On A Buying Spree As Price Gains Fresh Upsurge

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XRP Whales Are Going Wild! 🐳💸

XRP Large Holders Are On A Buying Spree As Price Gains Fresh Upsurge

Well, isn’t this just peachy? 🍑 The crypto market is all abuzz, and XRP is leading the charge. With the price surging, it seems like the big investors – aka the whales 🐳 – are having a feeding frenzy. They’re buying up XRP like it’s going out of style, and I’m not complaining. Who needs a social life when you can make a quick buck, am I right? 😂

Large Investors Betting Big On XRP Potential

It’s been a wild ride for XRP, folks. It’s gone from a low of $1.9 to a high of $2.5, and I’m pretty sure I heard someone say it’s reached a new all-time high. 🚀 I mean, I’m no expert, but it seems like someone’s been holding onto this asset for dear life. Maybe they’re just really attached to it, or maybe they’re just trying to make a quick buck. Either way, it’s been a thrilling ride.

According to Santiment, the market intelligence platform, these big investors are not only buying up XRP but also holding onto it for dear life. They’ve accumulated a whopping 46.4 billion coins, and in the last two months alone, they’ve added 6.5% to their total holdings. That’s a whole lotta XRP, folks! 🤯

It’s not just the whales, though. The network usage has grown exponentially, with almost 6 times more unique wallets engaging on the network in the past month. I guess that’s what happens when you’ve got a bunch of whales swimming around, making a splash. 🐳

But wait, there’s more! Santiment also notes that XRP has broken free from the altcoin pack, surpassing the $2.50 resistance level for the first time in 12 days. And if that wasn’t enough, the US SEC dropped its appeal against Ripple, sending the price soaring. It’s like a party in here! 🎉

Ripple’s Victory Over The US SEC Bolsters Price

According to Ripple’s CEO, Brad Garlinghouse, this is a “resounding victory” for the company and the entire crypto community. And I’m pretty sure he’s right. I mean, who doesn’t love a good victory? 🏆 Especially when it’s accompanied by a price surge. It’s like the ultimate win-win situation!

Garlinghouse also wants to give a shoutout to his outside counsel and personal attorney, Matt Solomon, for their unwavering trust in the company. I’m sure they’re thrilled to have been a part of this wild ride. 😊

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2025-03-21 00:12