{"id":64009,"date":"2025-05-04T06:42:10","date_gmt":"2025-05-04T06:42:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64009"},"modified":"2025-05-04T06:42:10","modified_gmt":"2025-05-04T06:42:10","slug":"critical-xrp-metric-reaches-new-record-what-does-it-mean-for-ripples-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64009","title":{"rendered":"Critical XRP Metric Reaches New Record: What Does it Mean for Ripple\u2019s Price?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

XRP whales, or those holding at least 10,000 tokens, have continued to accumulate in recent months, as the total number of such wallets now exceeds 300,000.
\nAlthough XRP\u2019s price has remained relatively sluggish on a weekly scale, industry experts believe whale accumulation is \u201cinsanely bullish.\u201d<\/p>\n

<\/a><\/p>\n

As the graph below will show you, XRP whales went on a substantial buying spree after the US elections, which was somewhat expected given the anticipation for big regulatory changes in the country that could affect domestic crypto businesses, such as Ripple.<\/p>\n

After a minor hiatus in December when the total number of such investors dropped, they returned in full force at the start of 2025 and haven\u2019t looked back since, aside from some minor deviations.<\/p>\n

Data from Glassnode shows that the number of addresses holding over 10,000 XRP has gone above 300,000, which is a record of its own. According to popular industry commentator Amonyx, this is \u201cinsanely bullish\u201d as it serves as \u201cabsolute proof of surging investor confidence.\u201d<\/p>\n

INSANELY BULLISH: #XRP<\/a> whales are showing up BIG time!<\/p>\n

According to Glassnode, the number of addresses holding 10K+ XRP just smashed past 300K \u2014 absolute proof of surging investor confidence.<\/p>\n

The big money knows what\u2019s coming. Do you? pic.twitter.com\/u1cVJApFjg<\/a><\/p>\n

\u2014 Amonyx (@amonbuy) May 3, 2025<\/a><\/p>\n\n

Recall that whales bought<\/a> over 900,000,000 XRP in April alone. In USD terms, this massive fortune was worth close to $2 billion.<\/p>\n

With the SEC legal case seemingly behind Ripple, the company is now focused on expansion after the acquisition<\/a> of Hidden Road and the failed attempt<\/a> to take over Circle. The XRP Army, on the other hand, is anticipating the approval of a spot ETF after the recent good news on the futures ETF front.<\/p>\n

However, the US securities regulator delayed<\/a> making a decision on Franklin Templeton\u2019s XRP ETF applications and the new deadline is set for mid-June. ETF experts believe<\/a> the summer of 2025 will see the approval of numerous such financial vehicles tracking the performance of various cryptocurrencies, including XRP.<\/p>\n

Maybe that\u2019s what the \u201cbig money\u201d is preparing for.<\/p>\n

The post Critical XRP Metric Reaches New Record: What Does it Mean for Ripple\u2019s Price?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR XRP whales, or those holding at least 10,000 tokens, have continued to accumulate in recent months, as the total number of such wallets now exceeds 300,000. Although XRP\u2019s price has remained relatively sluggish on a weekly scale, industry experts believe whale accumulation is \u201cinsanely bullish.\u201d As the graph below will show you, XRP whales […]<\/p>\n","protected":false},"author":0,"featured_media":64010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64009"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64009"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64010"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}