The post Major Crypto Whales Are Stacking These Altcoins appeared first on Coinpedia Fintech News
According to analysis from Altcoin Buzz, several altcoins, including XRP, Tellor (TRB), Render, Singular and Fetch.ai (FET) have recently witnessed substantial whale accumulation, hinting at potential bullish trends ahead.
XRP, Ripple’s native cryptocurrency, has seen a surge in accumulation by whale addresses in the past week. Addresses holding between 1 million and 10 million XRP have collectively purchased over 90 million tokens, amounting to approximately $48 million. This accumulation by whales has historically influenced price action, often preceding market recoveries and rallies.
Retail investors also show increasing participation, with the number of addresses conducting transactions on the network rising by 28.8% in the past week. This growing optimism among investors could catalyze further price growth, with XRP currently trading at 54 cents and showing signs of
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