"Are they preparing for a bull rally," Ali Martinez asked. Ripple’s cross-border token once again dipped to the $1 psychological level, infusing a fresh dose of panic across its community. Despite its major price downfall, whales continue to accumulate tokens, positioning themselves for the next potential uptrend. More Purchases Earlier this week, XRP dipped below $1 for the first time since 2024. The bulls recovered some of the losses shortly after and pushed it above that zone. The past 24 hours delivered another red wave, with the asset again fighting to hold that critical level and is actually down nearly 70% over the last year. The move south seems to be of no concern to large investors, who even see the current conditions as the perfect moment to snap up more tokens. Analyst Ali Martinez revealed that whales acquired 72 million XRP (worth roughly $72 million as of press time) within the past day alone. “I wonder what they know that we don’t… Are they preparing for a bull rally,” he asked. It is a common theory that whales’ behavior differs significantly from that of retail investors. Big participants rarely jump on the bandwagon without doing proper research, and some specula...
72,000,000 XRP in 24 Hours: Do Ripple Whales Know Something We Don’t?
2 weeks ago
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