Whales Are Back! XRP Investors Do the Dance of Caution Amidst Chaos 🎉💸

Ah, the wonderful world of cryptocurrency-where the only constant is volatility! XRP can’t seem to catch a break, trying to rally but running smack into that pesky $2 resistance like it owes it money. But hey, just because it’s taking a nosedive doesn’t mean the big fish are ready to throw in the towel. No, no! Those whale holders are back and ready to swim with the currents! 🐳💦

Large Holders Of XRP Are Stepping Back In

So, XRP’s been doing this downward spiral thing for a few weeks now-classic October vibes, right? Just when you think it can’t get any worse, it does. But guess what? Our big-time investors are starting to show some positive vibes. It’s like watching a soap opera; you think it’s over, then BAM, plot twist! 🎭

According to some guy named Steph from “Steph is Crypto” (which sounds like a sitcom waiting to happen), these whale investors are making a comeback. They’ve decided that even with XRP’s price doing its best impression of a sinking ship, they’re diving right back in. It’s like they’re all at a party and thought, “Hey, why not buy some more before the next round of drinks?” 🍻

Here’s the kicker: these whales are holding between 100 million and 1 billion XRP. You know, pocket change! After their shopping spree, they’ve bumped their total coins held from 8.11 billion to 8.23 billion XRP. That’s about $150 million worth of XRP! Talk about a hefty grocery bill! 🛒💰

And don’t forget the mid-tier players holding between 10 million and 100 million XRP. They’ve also joined the party, now holding about 10.90 billion XRP. “Oh, you too? How nice!” It’s like a club where everyone pretends everything’s fine until you realize half of you are underwater. Literally! 🌊

Now, Steph thinks this renewed buying might be more cautious than bullish. It’s like when you go back to a restaurant after a bad meal-you’re not really excited, just hoping it doesn’t give you food poisoning again. If this trend continues, maybe we’ll see some upward movement, or maybe it’ll just be a long wait for dessert! 🍰

Nearly Half Of The Supply In Loss

With XRP trudging along below that $2 mark, it’s safe to say many are seeing red. We’re talking about major losses, folks! According to our buddy Steph, nearly 50% of XRP’s total supply is underwater. It’s like a sad movie where half the characters just can’t catch a break. 🎬😢

The chart shows that the percentage of XRP supply currently in profit has dropped to 52%. That’s right, folks, nearly half of you are sitting on losses, which can lead to panic selling faster than you can say “bad investment!” We’ve seen it happen before-everyone starts jumping ship like it’s the Titanic! 🚢💔

But hold your horses! Sometimes, when things look grim, that’s when the tide turns. It could spark a rally, maybe! Remember, the last time profitability dropped like this was in November 2024, right before a major upswing. So, keep your fingers crossed and your wallets ready! 🤞💵

Read More

2025-12-26 17:54