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

XRP Whales Are Going Wild!

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