NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

XRP Price Goes Upward With Increasing Whale Activity

David Atlee
David Atlee
2 years ago
3 mins read
XRP Price Goes Upward With Increasing Whales Activity

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto market is still facing a declining effect from the raging crypto winter, but  XRP is faring on the daily chart. Since last year, several crypto assets have been struggling to stay afloat as the prices of tokens fluctuate. Unfortunately, the overall outcome has not impressed many crypto participants and investors.

But the new year is bringing a positive turn in the crypto market. Some crypto tokens have started reclaiming their value over the past seven days. For example, XRP has taken a more vital route as it joins the train of bullish tokens for an upward move.

Related Reading

Altcoin Volume Dominance At Highest Since Jan 2021, Trouble For Bitcoin?

2 years ago

XRP Price Trends Upward

In a new development, the price of XRP surged impressively within a few days. As per data from Coincodex, XRP rose by approximately 10% in the past seven days.

Further, Santiment, an on-chain data provider, reported that cryptocurrency’s recent reclaim in value is due to increasing active addresses.

According to the data provider, XRP recorded about 41K active addresses on January 8, 2023. But the number surged rapidly within the next few days. As a result, the active addresses have grown to over 148K since January 12, 2023. This shows an addition of over 107K active addresses, representing over a 200% increase in less than seven days.

Whales Show Increasing Activities

Additionally, XR´whales have been engaging massively in transactions, as per WhaleAlert, a crypto data provider. It noted that within the past 24 hours, whales had moved about 193 million XRP worth almost $70 million cumulatively.

One of the most significant single transactions is a whale’s purchase of 41 million tokens from the Bitso crypto exchange. The tokens are worth more than $15.2 million in the current market price.

Also, WhaleAlert reported a transfer of 28 million XRP worth $10.55 million from an unknown whale wallet. In addition, another transfer of 40 million XRP worth $15.07 million from an anonymous wallet. These transactions moved the funds to Bitso and Bitstampc crypto exchanges, respectively.

The report disclosed that whales transferred up to 88 million tokens to several crypto exchanges in the past 24 hours. 29.1 million XRP tokens went to the Bitstamp crypto exchange within the past day.

Ripple XRP
Source: Santiment App – Ripple (XRP) Daily Active Addresses

On the other hand, the whales purchased 45.2 million XRP tokens from Bitso over the past 24 hours. The value of the total coins is almost $30.7 million based on the current market prices.

Related Reading

Bitcoin Currently More Stable Than Gold, DXY, Nasdaq, Here’s What Could Happen Next

2 years ago

Ripple (XRP) Price Performance

The recent bullish trend for XRP indicates a turning for the crypto asset. The coin exhibited impressive volatility, pushing the token to cross its $0.33 support level.

XRP Price Goes Upward With Increasing Whales Activity
XRP price continues to hike on 24-hour candle l XRPUSDT on Tradingview.com

At the time of writing, XRP is trading at $0.3766. Currently, the market cap sits at $18.61B, and its dominance is 2.12%.

According to CoinMarketCap, XRP recorded $1.33 billion in its 24-hour trading volume. This is showing a rise of 5.99% in the past day. Also, in the past 24 hours, its hit $0.3783 and $0.3659 as high and low prices, respectively. Featured image from Pixabay, charts from TradingView.com, Santiment.net

Tweet123Share196ShareSend
David Atlee
David Atlee

David Atlee

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP koers herpakt momentum – Stijgt Ripple terug naar $2,42 vandaag?

XRP koers herpakt momentum – Stijgt Ripple terug naar $2,42 vandaag?

Na een dip tot $2,10 lijkt Ripple op moment van schrijven licht terug te veren. Analisten wijzen naar een lage...

Lars Diederiksen 16 hours ago
ChatGPT voorspelt: hoe XRP koers kan stijgen naar $13 of $22 in juni

ChatGPT voorspelt: hoe XRP koers kan stijgen naar $13 of $22 in juni

De Ripple koers is een van de meest veelbesproken cryptocurrencies ter wereld. Ondanks een daling van meer dan 10% in...

Lars Diederiksen 22 hours ago
XRP

Bullish Candle Formation Suggests The XRP Price Could Touch $22

Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which could send the XRP price to as high as...

Scott Matherson 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

xrp

XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level – Details

Semilore Faleti 5 hours ago
XRP koers herpakt momentum – Stijgt Ripple terug naar $2,42 vandaag?

XRP Multi-Timeframe Breakdown: Here’s What Comes Next

Godspower Owie 8 hours ago
XRP

XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why

Scott Matherson 13 hours ago

Premium Sponsors

Top Brands

Press Releases

  • How to Make $10,000 a Day: XRP Enthusiasts Live the Dream...

    9 hours ago
  • Quickly Earn $18,970 a Day — Cryptomining Firm Allows...

    15 hours ago
  • Kyrgyzstan solidifies role as Central Asia’s leading...

    2 days ago
  • RIPPLECOIN Mining upgrades free cloud mining, BTC, XRP...

    2 days ago
  • How XRP, BTC and Dogecoin enthusiasts can easily make...

    2 days ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.