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XRP price turned negative on Tuesday, August 12, but a recent whale buying spree is generating a lot of buzz and hope in the crypto market. Namely, wallets holding between 100 million and 1 billion XRP have amassed an additional 900 million XRP, worth over $2.88 billion, in just 48 hours, as reported by analyst Ali Martinez. Traders are now speculating whether the aggressive accumulation could set the stage for another sharp rally and potentially a new all-time high.  XRP whale accumulation. Source: Ali Martinez (@ali_charts) XRP price action XRP’s price action aligns with significant Ripple developments, including the long-awaited settlement with the U.S. Securities and Exchange Commission (SEC) and new partnerships with Chainlink focused on the RLUSD stablecoin. Speculation over a potential spot XRP ETF has further fueled momentum, with a number of analysts pointing at BlackRock as a potential filing candidate.  While the world’s largest fund...

The launch of Plasma’s initial coin offering (ICO) has been accused of being dominated by a small number of whales. Plasma’s ICO is a little different from older ICOs, with the initial sale allowing you to purchase “units,” which “determine your guaranteed option to purchase XPL.” Plasma advertises itself as “a high-throughput, scalable blockchain purpose-built for stablecoins.” Its ICO was launched earlier today, June 9, with an initial deposit cap of $250 million and a $50 million cap per wallet . Its deposit vaults were filled mere moments later. plasma deposit cap hit in 45 seconds very cool how they had a $250mm deposit cap with an individual wallet cap of $50mm really fair definitely not a scam where all capacity was taken by justin sun on 5 separate wallets retarded lmaooo pic.twitter.com/87QLVs3Rdo — kook ️ (@KookCapitalLLC) June 9, 2025 Read more: What are Ethereum roll-ups and why do they matter? ...

The latest XRP derivatives data is pointing to a rise in bearish sentiment. In particular, data retrieved by Finbold from cryptocurrency analytics platform CoinGlass shows that the token’s long/short ratio has fallen to 0.7797 at the time of writing on April 18.  In other words, 56.19% of the XRP positions opened within the last 12 hours have been shorts against the token. XRP long-short ratio chart. Source: CoinGlass This represents a significant bearish surge, as the preceding 12-hour period saw XRP shorts account for 51.55% of opened positions. Notably, this is the lowest and most bearish long/short ratio XRP has seen since the beginning of April. Recent price action points to XRP’s resilience Interestingly enough, price action does not correspond to this apparent bout of pessimism on the account of derivatives traders. At press time, XRP was changing hands at $2.08. A 1.36% loss on the daily chart has brought weekly gains down to 4.07%. Despite fa...

A $1,000 investment in XRP made on January 1 would have been quite well-timed. While numerous legal experts were concerned that a protracted case could serve to diminish XRP’s appeal in lieu of other cryptocurrencies, the longstanding legal battle finally came to a close when the case was dropped on March 19, as revealed by an X post from Ripple Labs chief executive officer (CEO) Brad Garlinghouse. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. While this was happening, XRP whales proved quite willing to make significant investments at key support levels, helping to absorb the 200 million token March unlock which could have otherwise placed downward pressure on the digital asset’s price. Picks for you XRP adds $100 billion to its market...

The Wall Street Pepe ($WEPE) presale is skyrocketing, with funds raised soaring past $25.8 million in just 12 short days, cementing its position as the standout meme coin ICO in the market right now.  From a hot first day of presale that quickly raised $400,000, early investors of this latest Pepe token have upped the ante, causing capital inflows to explode 64x. This makes a genuine case for Wall Street Pepe as the meme coin to take the spotlight away from the currently leading frog coin, Pepe ($PEPE). Due to the manic interest in its ICO, Wall Street Pepe is showing the hallmarks of surpassing the returns of an investor who reportedly made $52 million from a mere $27 investment in Pepe ($PEPE). Of course, the only way to do so is to get $WEPE at its lowest possible price, which is likely its current presale price of $0.0003645 per token. There are about 23 hours left, though, and the price will climb higher to start the next funding stage. How...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The United States Securities and Exchange Commission (SEC) is opening the floor for public input on Fidelity’s Ethereum exchange-traded fund (ETF). Meanwhile, two projects are capturing the attention of whales – Arbitrum (ARB) and InQubeta (QUBE).  Let’s dive into the details of these developments shaping the crypto landscape. The Ethereum ETF dilemma: a call for public participation Fidelity, an asset management firm, filed for approval of its Ethereum Fund on Nov. 17, joining a growing list of firms vying for a spot in the competitive world of crypto ETFs in the U.S.  The SEC’s call for public input is crucial in the regulatory process. It allows stakeholders and seasoned and beginner cryptocurrency enthusiasts to voice their opinions on the potential listing and trading of shares from Fidelity’s Eth...

Four ethereum (ETH) whale s moved 78,900 coins to Gate.io and Coinbase over the past 24 hours. The shifting comes while the ETH price declines slightly in the mentioned timeframe. According to data provided by Whale Alert, the latest transaction, 15,000 ETH, was sent to the California-based crypto exchange Gate.io. The address still has $859 worth of cryptocurrencies left. 15,000 #ETH (28,439,729 USD) transferred from unknown wallet to #GateIOhttps://t.co/NkdlpwtwPZ — Whale Alert (@whale_alert) July 20, 2023 Moreover, the remaining three transactions — each containing 21,266 ETH, 21,296 ETH and 21,338 ETH — were sent to the Coinbase exchange over the past 24 hours, Whale Alert’s data shows. You might also like: Arkham’s beta complete, on-chain intelligence exchange live Per the data provider, the total amount of the assets moved in these four transactions is worth roughly $150.3 million. The movements come while the ETH price slightly declines over the past 24 h...

The Paradox of Increasing Whales and a Struggling Bitcoin Price Glassnode, a blockchain data analytics firm, has revealed that large Bitcoin holders, colloquially known as ‘whales,’ are increasing their holdings despite Bitcoin’s struggle to resume its upward trend. advertisement Moreover, the same whales are hesitant about moving their assets to exchanges, with cold wallet storage standing out as the most preferred option. CoinDesk believes that investors are wary of the risk associated with leaving digital assets on exchanges, in addition to regulatory hindrances or both. If the trend continues and we see less and less of the Bitcoin supply making it to exchanges as Whales increase, this would be a bullish gesture. Bitcoin whales’ chart | Source Glassnode What’s Holding Bitcoin Price Back? Despite the growing interest among whales, the largest cryptocurrency has been bombarded with several economic data reports: The Federal Op...