Analysis News TheBitTimes.com

Summary ⚈ XRP exchange reserves surged 4.11% to a 1-month high of 2.84 billion. ⚈ Ripple’s SEC settlement news boosted XRP’s price from $2.14 to $2.34. ⚈Whales moving XRP to exchanges hints at potential selling pressure ahead. XRP exchange reserves reached a 1-month high on May 10, when some 2,845,253,166 tokens were being held on exchanges. This represents a noticeable surge of 4.11% since May 6, when the exchange reserves totalled 2,732,839,565 XRP, per data retrieved by Finbold from on-chain analytics platform CryptoQuant . XRP exchange reserves chart. Source: CryptoQuant By press time on May 12, XRP exchange reserves had diminished slightly, down to 2,838,110,274. Elevated XRP exchange reserves could hint at post-rally profit taking In the same timeframe that saw a 4.11% increase in XRP exchange reserves, the price of XRP increased from $2.14 to $2.34, following a key development in the Ripple v. SEC case on May 8, when the Securities a...

After surpassing $9 million on August 16, Pepe Unchained ($PEPU) has added another $600,000 in just three days to bring its total funds to over $9.6 million. This new milestone represents a 4,700% increase in capital raised since its launch two months ago, all while the broader crypto market shed off $265 billion in value. The massive influx of funds in a short period shows that the crypto market is seriously eyeing Pepe Unchained as the new meme coin anchor, banking on its promise to make Pepe ownership faster and cheaper with its proprietary blockchain. Currently priced at $0.0091996, $PEPU has already seen several price bumps as investors quickly snapped up the tokens in the previous presale stages. In less than 48 hours, the price will rise again to $0.00923640 to kick off a new round of funding, which is a 15.46% increase from its initial presale price of $0.008. Pepe Whale Activity Still Strong, But Not As Intense As In The First Half Of Th...