Whales Go Wild: XRP’s 150 Million Frenzy! What’s the Deal?

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So, here we are. XRP hasn’t even bothered to look at its all-time high of $3.84 in the last 30 days. I mean, come on! The price has been lounging below $3 like it’s on a permanent vacation since February. But guess what? The whales are still throwing money around like it’s confetti at a parade. 🎉

Whale Watch: The Bullish Circus

Ali Martinez, our resident crypto oracle, just dropped a bombshell: in the last 48 hours, these whales have gobbled up 150 million units of XRP. I mean, who knew whales could be so hungry? 🐋

This massive splurge is like a neon sign saying, “Hey, we’re feeling good about XRP!” And let’s be real, when whales start buying, the little fish—aka retail investors—start peeking over their shoulders, trying to figure out what’s going on. It’s like watching a bunch of kids at a candy store. 🍬

Whales bought 150 million $XRP in the last 48 hours!

— Ali (@ali_charts) February 19, 2025

Market watchers are saying that if these whales keep this up, we might see a major shift in sentiment. You know, like when you finally decide to clean out your closet and find that shirt you thought you lost. It’s a big deal!

Now, let’s not get too excited. Sure, strong demand could send prices soaring, but we need to see if these whales are planning to HODL or if they’re just in it for a quick flip. It’s like trying to figure out if your friend is really going to commit to that diet or just eyeing the dessert menu. 🍰

Experts are saying that if it looks like these whales are in it for the long haul, other investors might just jump on the bandwagon. It’s like a game of musical chairs, and nobody wants to be left standing when the music stops.

Oh, and let’s not forget about the potential XRP ETF filing with the U.S. SEC. That could really spice things up! It’s like adding hot sauce to a bland meal—suddenly, it’s a party! 🌶️

Market Reactions: The Rollercoaster Ride

As of now, trading volume has crept up by 5.66% to $5.06 billion. And XRP’s price? It’s gained a whopping 1.01% to sit at $2.60. Wow, hold the phone! 🚀

Early signs show that XRP investors are catching on to the whale frenzy. This probably helped bump the price up by 13 cents, taking it from a low of $2.47 to its current glory. It’s like watching a plant finally bloom after weeks of neglect.

Meanwhile, amidst all this price drama, Martinez claims XRP has formed a cup and handle pattern. Sounds fancy, right? If this is true, we might just see a bullish jump, pushing the price to $3.35. But hey, let’s keep our eyes peeled and see how this soap opera unfolds!

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2025-02-19 18:00