BTC has bounced back a tad from its weekend daze and now hovers above $64,000 but Ripple’s token skipped the fun and keeps battling the $1.00 line from below instead. Fresh on-chain numbers dropped by fave analyst Ali Martinez reveal that big players are still ramping up their moves amid the dips.
Whales Stir Once More 🖤
On-chain vibes shared via crypto analyst Ali Martinez point to a wild spike in XRP Ledger whale moves over the last 24 hours hitting fresh local highs. The count of XRP transfers over $1 million jumped 280% to nearly 40 while just two days prior it lingered around 10.
This burst follows right after another big whale wave where wallets holding 10 million to 100 million XRP stacked roughly 72 million tokens in one day valued at around $72 million then. Network pulse feels stronger lately with signals like the XRP Ledger hitting nearly 50,000 active addresses in 24 hours for a multi-month high even as social chatter on the token hit a three-month low.
Ripple Clings to $1.00 Edge 🌑
XRP’s quiet spell worries holders more since it dipped 1% over the past day to sit just under the key $1.00 mark. Derivatives data shows open interest nearing levels from the big October 10 wipeout while selling pressure on Binance has ticked higher. Bears seem to hold the edge at $1.00 as long positions took heavier hits during repeated defenses there. Still the whale surge hints at deeper shifts when paired with prior big buys and rising ledger activity overall 💀🌙🕯️🦇🔮✨🕸️.
Just another echo from the void by iconofsin.eth 💖
