XRP Market Surge: Nearly $1 Billion Snapped Up by Whales in One Week

BE[IN]CRYPTO11-20 17:00

XRP surges 122%, supported by whale accumulation of 900 million tokens, worth $1 billion, stabilizing its upward trajectory. LTH confidence strengthens, with no significant spikes in age consumed, ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXRP Market Surge: Nearly $1 Billion Snapped Up by Whales in One Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/xrp-whales-1-billion-accumulation-market-surge/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XRP surges 122%, supported by whale accumulation of 900 million tokens, worth $1 billion, stabilizing its upward trajectory.\nLTH confidence strengthens, with no significant spikes in age consumed, ...</p>\n\n<a href=\"https://beincrypto.com/xrp-whales-1-billion-accumulation-market-surge/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4216","symbol_name":"消闲设施","start_time":0,"source_url":"https://beincrypto.com/xrp-whales-1-billion-accumulation-market-surge/","article_id":"2484606401","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2023/12/bic_XRP-covers_neutral_3-850x478.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484606401","pubTimestamp":1732093200,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"XRP surges 122%, supported by whale accumulation of 900 million tokens, worth $1 billion, stabilizing its upward trajectory.LTH confidence strengthens, with no significant spikes in age consumed, signaling minimal profit-taking and reinforcing $1.00 support.Resistance at $1.14 remains critical; breaching it could push XRP to $1.28, while losing $0.99 support risks a decline to $0.87.XRP has captured significant attention following its recent rally, which brought the altcoin to a 3-year high earlier this week.Whale addresses have shown strong conviction in XRP, accumulating nearly 900 million tokens over the past seven days. This influx, valued at approximately $1 billion, highlights the renewed interest from large wallet holders. Their activity has been instrumental in driving XRP’s recent 122% price surge, further reinforcing market confidence.XRP’s price surged by 122% during the recent rally, but the altcoin remains trapped below the critical $1.14 resistance. Breaching this barrier","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4216":"消闲设施","LTH":"Life Time Group Holdings, Inc."},"translate_title":"XRP市场大涨：一周内近10亿美元被鲸鱼抢购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LTH":0.71},"content_text":"XRP surges 122%, supported by whale accumulation of 900 million tokens, worth $1 billion, stabilizing its upward trajectory.\nLTH confidence strengthens, with no significant spikes in age consumed, signaling minimal profit-taking and reinforcing $1.00 support.\nResistance at $1.14 remains critical; breaching it could push XRP to $1.28, while losing $0.99 support risks a decline to $0.87.\n\nXRP has captured significant attention following its recent rally, which brought the altcoin to a 3-year high earlier this week.\nDespite struggling to breach the $1.14 resistance, investor confidence remains high, providing much-needed support for further upward momentum.\nXRP Whales Are Key\nWhale addresses have shown strong conviction in XRP, accumulating nearly 900 million tokens over the past seven days. This influx, valued at approximately $1 billion, highlights the renewed interest from large wallet holders. Their activity has been instrumental in driving XRP’s recent 122% price surge, further reinforcing market confidence.\nThe whales’ accumulation trend suggests long-term bullish sentiment, aligning with XRP’s steady rise. This behavior also serves as a stabilizing factor, preventing abrupt price declines. As whales increase their holdings, XRP gains the backing needed to continue its upward trajectory.\nXRP Whale Addresses. Source: Santiment\nMoreover, the age consumed metric for XRP shows no major spikes, which indicates long-term holders (LTHs) are refraining from moving their holdings. Typically, significant spikes in this metric imply profit-taking activity, which can negatively impact prices. The lack of such movements suggests that LTHs are confident about XRP’s future potential.\nThis stability among LTHs reinforces a bullish outlook for XRP. By holding onto their assets, these investors are signaling the belief they hold in sustained price increases, further solidifying the support level at $1.00. This conviction creates a favorable environment for the altcoin’s continued rally.\nXRP Age Consumed. Source: Santiment\nXRP Price Prediction: Breaching Barriers\nXRP’s price surged by 122% during the recent rally, but the altcoin remains trapped below the critical $1.14 resistance. Breaching this barrier is essential for XRP to continue its upward momentum and secure higher price levels.\nIf the bullish factors remain intact, XRP could rise past $1.14, paving the way for a move toward $1.28 and beyond. However, this depends on sustained whale activity and LTH conviction supporting the altcoin.\nXRP Price Analysis. Source: TradingView\nConversely, losing the support level at $0.99 would invalidate the bullish thesis. A drop below $1.00 could lead to a decline toward $0.87, pulling XRP further away from its recent highs.\n\n\n\n\nTop crypto projects in the US | November 2024\n\n\n\nCoinbase\nExplore\n                      \n\n\n\n\n\nCoinrule\nExplore\n                      \n\n\n\n\n\nUphold\nExplore\n                      \n\n\n\n\n\n3Commas\nExplore\n                      \n\n\n\n\n\nChain GPT\nExplore\n                      \n\n\n\n\n\n\n\n\nTop crypto projects in the US | November 2024\n\n\nCoinbase\n\n\n\n\n\n\n\n\nCoinrule\n\n\n\n\n\n\n\n\nUphold\n\n\n\n\n\n\n\n\n3Commas\n\n\n\n\n\n\n\n\nChain GPT","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484606401"}