TL; D
- The whales have bought about $ 400 million of XRP in the last two days, which may increase the rising pressure on the assessment of the original.
- It can provide an increasing anticipation of Spot XRP ETF, with SEC recognition of GrayScale, 21shares and BitWise, a great motivation for future prices.
It’s time for another crowd?
While XRP remains in green lands on a weekly scale, the price has recorded some setbacks in the past few days. Less than 2.50 dollars decreased on February 18 before the rise above Current 2.60 dollars (per Coingecko data).
According to For the famous X X Martinez, whales used the last decrease as an opportunity to accumulate additional symbols, Buy 150 million XRP at the last 48 hours. As of the writing of these lines, the hood is equal to approximately $ 400 million.
The ongoing efforts in this field will reduce the trading of the currency, which makes it more valuable (assuming that the demand is not heading south). In addition, the actions of these investors Sometimes it is reflected By the younger players who may also join the ecosystem, thus injecting fresh capital.
Shortly after Shedding light on whale efforts, Martinez specific Predicting price for the original Ripple symbol. Based on the potential collapse of an upward triangle on lower time frames, Believe It may climb 4 % to $ 2.68.
last The person who divides Egrag’s encryption was. they Proposal XRP needs to stay above $ 2.69 -2.73 dollars in the time frame for 4 hours to nullify the number of declines and start a continued climb.
Investment funds circulating
An important factor maybe It positively affects The price of the original he maybe The approval of the XRP ETF spot in the United States. This product will enable investors to be exposed without Forced to buy or keep the distinctive symbol.
some Subordinate Companies that have already offered their intentions to provide this type of investment vehicle include gray, 21 charts and bitwise. It should be noted that the US Securities and Stock Exchange Committee (SEC) is officially Recognized Their applications.
This means that these applications are now subject to the regulator review or awaiting approval or rejection. The final date of the final decision is 240 days of initial deposits.
According to For polymarket, the chances of the existence of the approved XRP ETF before July 31 are 44 %, while the risk of this happens before the end of 2025 is 78 %.
The post -ripple whales are running in a burying boom again: Are XRP ready for new heights? He first appeared on Cryptopotato.
