The initial distribution of cryptocurrencies such as XRP has always been a hot topic for investors in the crypto community. A lot of times, the discussions stem from the fact that investors believe there was some foul play at Genesis, where some people received an unfair share of the token supply. The latest coin to…
Data shows the XRP supply in profit is currently at levels that have historically put the cryptocurrency’s price in a high-risk zone. XRP, Bitcoin, And Ethereum Are All In High-Risk Zone Right Now According to data from the on-chain analytics firm Santiment, Bitcoin, Ethereum, and XRP are assets that may be in a high-risk zone…
XRP whales have taken advantage of the price decline recorded in the crypto market to fill up their bags. These large investors have been rapidly buying up the tokens and increasing the percentage of supply they hold. In the last month, the holdings of these large whales have seen a significant uptick, sending their cumulative…