The post XRP Sees Massive Accumulation Of 300M Coins, Is It Recovering? appeared first on Coinpedia Fintech News
With reports of a massive accumulation by a whale, XRP is showing strong signs of recovery. According to Whale Alert, the whale acquired 300 million coins from Binance, worth $130.13 million. Such significant purchases often signal confidence in a crypto asset with expectations of further price boosts. The whale activity comes amid broader market turmoil, where recent crashes have created buying opportunities for investors. Bill Morgan recently stated that he has increased his XRP holdings during the price dip. Further, the ongoing tussle between Ripple and the U.S. SEC has added another layer of interest to it.
