XRP Market Faces Buying Pressure As It Enters Top 10 Purchased Tokens Among 500 BSC Whales
The report recently revealed that the buying pressure has been hitting the XRP market as the lawsuit between its parent blockchain and the United Stated commission inches close, the token enters the top 10 list.
XRP Enters Top 10 List Of Most Bought Tokens, buying Pressure Increases
The interest in whale got increased per day. According to data from WhaleStats, XRP has entered the list of the “top 10 purchased tokens” by the top 500 Binance bright Chain (BSC) whales over the past 24 hours.
Read Also: Terra Rebel Says Rebel Station, Its Terra Station Alternative, Is Now In the Pre-Production Phase
Meanwhile, the top 100 BCS Chain whales have also shown significant interest in XRP.
Per WhaleStats data, XRP is ninth on the list of the most purchased tokens among the top 100 BSC Chain addresses.
It is worth noting that the XRP token hasn’t been making it to the top 10 among the most sold asset list. The indication of this is, the XRP whale developed an affinity for its asset. The recent data revealed that these whales have a combined 708,379 XRP worth $280,743 at press time.
Read Also: NOWNodes To Offer Shared And Dedicated Access To the Forthcoming Shibarium Blockchain
Furthermore, other data confirmed that there had been a growing interest in XRP among deep-pocketed cryptocurrency investors.
Over the past 24 hours, Whale Alert reported the movement of over 60M XRP tokens. Around 10 hours ago, an anonymous whale withdrew 31.8 million XRP worth $12.46M from the Latin American exchange Bitso
Some minutes later, an unknown whale deposited 33 million XRP to the EU-based cryptocurrency exchange Bitstamp. The report from the Coingecko revealed that XRP is trading at $0.395, up 2% in the past 24 hours.
Follow us on Twitter, Facebook, Telegram, and Google News
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
