The post XRP Whales Hold Biggest Position Since 2018 Ahead of $1.50 appeared on BitcoinEthereumNews.com.
XRP Whales Lock in Record Accumulation as Supply Tightens Ahead of $1.50 Test XRP is quietly moving into one of its most tightly held accumulation phases in years, as large holders continue to strengthen positions while price presses toward a key psychological level. On-chain data from Santiment shows XRP whale wallets, addresses holding at least 10 million XRP, now control about 45.83 billion XRP, valued at roughly $68.5 billion. This cohort alone accounts for around 68.5% of the total supply, the highest level of concentration seen since May 2018. On the price action front, XRP has been grinding higher and is currently hovering around $1.42, repeatedly pressing into the $1.50 zone that traders are watching as a potential breakout trigger. Source: CoinCodex While retail sentiment remains divided after months of consolidation, large holders appear to be positioning ahead of a br
XRP price continued consolidating near a key breakout zone this week after forming several bullish reversal patterns on the weekly chart, while improving regulatory sentiment and tightening exchange supply strengthened the bullish outlook. According to data from crypto.news, XRP (XRP)…
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-
CLARITY Act Section 105 raises new debate over XRP transaction treatment, Ripple ruling, and future U.S. crypto rules. The CLARITY Act has brought fresh attention to XRP as lawmakers review digital asset market rules. Section 105 has become a key focus because it refers to network tokens and earlier court decisions. The debate now centers […]
The post CLARITY Act Section 105 Sparks Fresh Legal Debate Over $XRP Status appeared first on Live Bitcoin News.
The post XRP Burn Rate Surges 36% as Price Breaks Key Resistance appeared on BitcoinEthereumNews.com.
XRP breaks key resistance What to expect for XRP? XRP is gaining the spotlight since it began to flash signs of a major price breakout. This has continued to drive an incredible surge in its network activity. Following the rapid price increase seen yesterday, data from crypto analytics platform, Cryptoquant, shows that the XRP burn metric has surged by over 36% in the last day. After sitting at around 415 on May 13, the amount of XRP burned as fees had surged to 565 as of May 14, marking a significant increase of 36.14% in the XRP burn rate. Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review XRP Crushes Every Major Coin with Massive Gains XRP breaks key resistance While XRP has been showing decent price gains over the week, it pulled an explosive move on Thursday, May 14, surging by over 11% with
The post Ethereum Price Prediction: February Accumulators Are Selling Into the Dip as ETH Drops 5.5% appeared on BitcoinEthereumNews.com.
Santiment recorded $74.58M in ETH realized profits, the highest in three weeks, as February accumulators sell into the current decline while still in profit Four straight days of ETF outflows totaled over $156M, with BlackRock’s ETHA leading exits as institutional holders reduce exposure near $2,300 Open interest fell 4.40% to $33.19B with longs absorbing $41.65M in 24h liquidations, double the $21.03M shorts lost in the same window Ethereum trades at $2,256 on May 15, down 5.5% in three days, as Santiment flags $74.58M in realized profits from wallets that bought during February’s sub-$2,000 lows and are now distributing into the dip while they still can. ETH Daily Chart: Lower Wedge Rail Is the Only Thing Holding This Together Ethereum Daily Price Action (Source: TradingView) ETH price is pressing the lower rail of the rising wedge near $2,236, the