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Major XRP Holders Continue to Accumulate the Altcoin

Major XRP Holders Continue to Accumulate the Altcoin

HappyCoinNewsHappyCoinNews2025/02/20 21:11
By:HappyCoinNews

Over the past two days crypto whales acquired 150 million XRP , bringing the total number of their tokens to over 6,9 billion. XRP . This was noted by the famous cryptanalyst Ali Martinez.

Major XRP Holders Continue to Accumulate the Altcoin image 0

One major holder has attracted particular attention after acquiring 20 million XRP during the recent price decline. According to Whale Alert , this transaction took place on the exchange Gemini and was valued at $50,65 million.

A surge in crypto whale activity usually coincides with fluctuations in the price of an altcoin and often indicates potential growth for the asset in the coming weeks.

For a long-term bullish scenario XRP indicated a cryptoanalyst known by the nickname EGRAG CRYPTO. Using Fibonacci retracement levels, he predicted that the market capitalization XRP could reach $1 trillion this cycle. According to him, the altcoin’s market cap increased by 15% during the previous bull run. Based on conservative estimates, the crypto analyst suggested that the price would go up to $000 trillion in the future. XRP could grow by 600%.

Currently, according to CoinGecko, XRP trades at $2,68. Over the past XNUMX hours Altcoyin increased in price by 2,5%, by 10,1% over the week.

 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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