XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation
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Ripple (XRP) addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the and XRP/BTC pairs in late 2020.
A 76% spike in XRP “mega whale” addresses since December 2021 has been noted by analytics firm Santiment showing that they added a total of 897 million tokens, worth over $712 million as of Feb. 18, to their reserves.
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Read More: XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation