Altcoins News

Story: XRP Holds $1.40 While Whales Scoop 110M Tokens and Retail Users Vanish

By Evie Vavasseur

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Whales Accumulated Through March. Large holders grabbed 110 million tokens through March, even as the retail crowd bailed.

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Bitcoin Hyper Raised $32.6M in Presale. Bitcoin Hyper pulled in over $32.6 million during its presale, priced at $0.0136 per token.

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XRP sits around $1.40 right now. That's kind of remarkable when you look at what's actually happening on the network.

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The token moved between $1.38 and $1.42 over the past two days, touching $1.45 briefly before pulling back. Volume picked up recently, which usually signals some bullish energy.

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New wallet creation fell off a cliff. December 2024 saw around 18,000 fresh addresses per day on the XRP Ledger. Now that number's down to roughly 2,700.

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Exchange reserves at 12.9 billion XRP represent the lowest levels on record. Holders are choosing self-custody over keeping coins on exchanges, which usually means they're…

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XRP's market cap sits above $80 billion. That's huge. But getting from here to significant gains probably needs large-scale institutional inflows, and those take time to…

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Bitcoin Hyper pulled in over $32.6 million during its presale, priced at $0.0136 per token. The project wants to fix Bitcoin's transaction speed and cost problems by integrating…

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See also: LINK Surges 15% to Three-Month High as Whales Pull Tokens Off Exchanges

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The project uses a Decentralized Canonical Bridge to move BTC into its faster execution environment.

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Institutional interest in XRP is real, but it's not moving fast enough to change the price action much.

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Volume spikes hint at some bullish sentiment, yet the $1.45 resistance level remains a tough barrier.

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The shift from retail-driven speculation to institutional adoption is becoming more pronounced across the XRP ecosystem.

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Bitcoin Hyper's presale success shows that traders are hunting for projects that offer rapid execution and lower costs.

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Related: ETH Whales Dump 3.4M Tokens as Price Stalls Below $2,400

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