Crypto News

Whales Remain Steadfast Despite the recent market volatility, data from CryptoQuant shows that large holders of XRP, known as whales, are holding strong. This can be seen in the stable payment volume, active accounts, and burned fees of the cryptocurrency. This indicates that these big players are not panicking and selling their XRP holdings, which could be a positive sign for the future of the coin. XRP's 40% Drop Shakes Investor Confidence The sharp 40% drop in XRP's value has caused concern among investors, especially after the recent lawsuit filed against Ripple by the U.S. Securities and Exchange Commission (SEC). This has led to speculation and fear about the future of the cryptocurrency, resulting in many investors selling off their XRP holdings. Stable Metrics Despite Sell-Off Despite the sell-off, XRP's payment volume, number of active accounts, and burned fees have remained relatively stable. This suggests that while smaller inves...