Whales took action as the number of accounts holding more than 1 million Ripple (XRP) on the US-based cryptocurrency exchange Coinbase reached an all-time high.
According to data released by crypto analytics firm Coin Metrics, the US-based cryptocurrency exchange Coinbase more than 1 million Number of accounts holding XRP to 1.903 rising all time highest reached level. In the data, as the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) draws to a close, whale increase in accounts is accelerating seen.
Number of accounts with more than 1 million XRPs that store their assets on Coinbase, Also in 2017, 2020 and 2021 1,800 levels, but could not make a significant jump above this level. As Ripple’s lawsuit with the SEC draws to a close, the accelerating number of accounts this time around to 1,900 by reaching clearly breaking the all-time record. it broke.
Experts say Coinbase has been a major player since the early days of XRP. liquidity provider taking into account that the increase in the stock market Accounts with more than 1 million XRPthe case expectations for positive outcomes. He suggested it might be a sign.
Whale Alert, on the other hand, the last two days in happening high voluminous Ripple He shared his transfers on his social media account. Approximately 387 million dollar amounting to 860 million XRP transfer by social media users with surprise welcomed.