Massive 23 Million XRP Accumulation Spotted On-Chain

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Massive 23 Million XRP Accumulation Spotted On-Chain
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XRP whale accumulation spotted despite dwindling open interest

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This figure shows a slight slump, a metric that might see an ultimate reversal with slight reaccumulation resurfacing on-chain. The recipient address for the 23 million XRP coins is not a first-time buyer, and it currently maintains a balance of 32.113 million XRP, an indication that the transferred funds might be for safekeeping.For the better part of the year, the XRP price has remained one of the most battered of the top 10.

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