Smart money quietly buys 900 million XRP
Summary ⚈ XRP whales bought around 900 million tokens in April, signaling possible bullish sentiment. ⚈ The SEC delayed its XRP ETF decision, and short positions recently surged. ⚈ Despite bullish buys, whale activity slowed, and a $68.7M transfer hints at selling. XRP whales seems to have retained a bullish outlook, despite some of the token’s recent challenges It appears that large accounts — those holding more than 10,000,000 tokens, have purchased approximately 900 million XRP over the past month, noted cryptocurrency technical analyst Ali Martinez, who shared his findings in a May 2 X post. Whales bought around 900 million $XRP over the past month! pic.twitter.com/k3UyFMkJLq — Ali (@ali_charts) May 2, 2025 This bullish signal is a rare sight in an otherwise bearish week. The cryptocurrency’s long-awaited retest of the $2.30 price point that occurred on April 28 and April 29 failed to produce a breakout. Soon after, the Securities and Exchange Co...