XRP’s Whale Activity Reaches New Highs After Its Price Hit $0.6

Published 01/11/2023, 12:53
Updated 01/11/2023, 13:15
XRP’s Whale Activity Reaches New Highs After Its Price Hit $0.6
XRP/USD
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Coin Edition -

  • Santiment data revealed that XRP transactions of more than $1 million have reached a 3-month high.
  • Additionally, the amount of shark and whale wallets containing 10k+ XRP tokens has reached an all-time high.
  • XRP’s price jumped by over 3% in the past day, which left it trading hands at $0.5936

On-chain activity has surged for Ripple (XRP) after the altcoin’s price rose to $0.6 for the first time since its tumble back in August of this year, according to an X post shared by the market intelligence platform Santiment, earlier today. The platform’s data also indicated that XRP whale activity has been steadily increasing as well.

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