XRP top 100 holders reduce exposure amid bearish sentiment
The post XRP top 100 holders reduce exposure amid bearish sentiment appeared on BitcoinEthereumNews.com. The top XRP investors have reduced their exposure over the past 30 days amid a midterm bearish outlook. As of May 15, large holders on the XRP Ledger (XRPL) tracked across the top 100 wallets offloaded a net 481,409,805 tokens, valued at about $693,229,719 at press time, over the past month. During the last 24 hours, this group of investors cut their holdings by 27,085,842 tokens, worth approximately $38,003,612 at the time of publication, according to data tracked by @Chachakobe4er, analyzed by Finbold. XRPL analysis of top holdings. Source: @Chachakobe4er Notably, the top 100 addresses control about 25,386,774,392 XRP, currently worth $36.55 billion, representing roughly 41% of the token’s total circulating supply. Meanwhile, the changed addresses – wallets that recorded at least one balance movement within the tracked period – control about 12,601,767,626 XRP, valued at nearly $1