XRP whales use market slump: Collected over $ 360 million and the shortage of offer is reinforced

XRP whales use market slump: Collected over $ 360 million and the shortage of offer is reinforced

XRP whales collect over $ 360 million during market slump

Recently, XRP whales have collected over $ 360 million in XRP during a market departure. This group of buyers had previously secured $ 1 billion in XRP. These measures lead to an additional reduction in the offer and at the same time strengthen the market influence of cryptocurrency.

The activity of the whales, i.e. the great investors in cryptocurrencies, shows that despite market uncertainties, there is confidence in XRP. These high investment amounts could indicate that the whales see long -term perspectives for cryptocurrency, even if short -term fluctuations may seem pessimistic.

The influence of these large buyers is crucial because they can strongly influence the market through their purchase decisions. The reduction of the available offer to XRP by these massive purchases could also lead to stabilization or even increase the price in the future.

Overall, despite the current market development and the associated uncertainties, XRP remains an important player in the cryptocurrency market. Investors and interested parties should continue to observe the movements of the whales and their effects on the offer and price development.