Whale activity on the XRP Ledger has slowed dramatically, with the number of transactions worth more than $1 million falling from 70 over the past week to just two on July 12.
Data shared by cryptocurrency analyst Ali Martinez, citing Santiment metrics, shows a near 97% collapse in large-value XRP transactions.
Notably, whale activity weakened steadily throughout the week. Large transactions declined from around 60 at the start of the period to roughly 55 and 50 on subsequent days before dropping below 40.
The steepest decline occurred over the last two days, with whale transactions falling from about 15 to just two. The drop suggests large investors have become increasingly inactive as XRP struggles to establish a clear trend.
Whale activity is closely monitored because it can provide insight into the behavior of major market participants. While a decline does not necessarily signal selling pressure, it may indicate that large holders are waiting for a new catalyst befor
We współpracy z: https://finbold.com/xrp-network-activity-plunges-almost-100-in-a-week/
