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Amid positive predictions for the price of the XRP Ledger (XRP) token in the next few month s, the cryptocurrency market’s largest traders seem to be doing their part to help its recovery, evident in the massive surge in the number of crypto wallets holding at least 10,000 XRP. Indeed, the number of wallets holding 10,000 XRP or more has skyrocketed in the past five weeks, reaching the number of 279,400 such addresses, which also marks a six-month high, according to the data shared by blockchain and crypto market intelligence platform Santiment in an X post on July 31. XRP 10K+ wallets vs. price chart. Source: Santiment Furthermore, the Santiment team has observed that the “correlation between these wallets and XRP’s market value has been undeniable throughout 2024,” suggesting that the rise in the number of shark and whale XRP addresses is a bullish signal for the crypto asset in line with analysts’ expectations. ...

A Bitcoin (BTC) whale turned bullish in May and recently restarted accumulating coins. The address went from a nearly $20 million worth balance to $175 million this month, holding over 2,600 BTC. Notably, the Bitcoin Whale address possibly belongs to a cryptocurrency trader, as it shows a high buying and selling activity. Historically, ‘124BPp9mTaXxTXiRx8cxEZDd4sGjoxGk9F‘ received a total of 150,435 BTC and spent 147,831 BTC—consistent trading activity since 2018. Bitcoin Whale ‘124BPp9mTaXxTXiRx8cxEZDd4sGjoxGk9F’, history. Source: mempool.space In particular, the whale sold over 2,800 Bitcoin from March to April, holding a remaining 287 BTC bearish balance. However, it started gradually stack ing coins on May 3, with its most relevant activity happening in the past 24 hours. Picks for you Is the recession here? U.S. delinquency rate surges to highest level in 14 years 12 mins ago Venezuela to shut down cryptocurrency mining farms 16 hours...

In a notable upswing, Chainlink (LINK) has experienced a substantial upswing in recent weeks, propelled by heightened network activity and a resurgence in the broader cryptocurrency market following months of stagnation.  Surpassing $16, the altcoin achieved its highest value since April 2022.  While it retraced some gains in subsequent weeks, the enduring enthusiasm for this cryptocurrency is evident, particularly as crypto whales continue to show interest, adding momentum to LINK’s intriguing trajectory. 2,600 whales bought over $100,000 LINK each As pointed out by prominent analyst Ali Martinez on November 29, LINK has been drawing increasingly stronger attention among the crypto whale population. Cryptocurrency Machine learning algorithm predicts Shiba Inu price for Xmas day Cryptocurrency Top 10 cryptocurrencies by development activity in last 30 days Cryptocurrency Cristiano Ronaldo faces lawsuit over promotio...

In crypto, “ whales ” are individuals or entities who hold large quantities of tokens or non-fungible token (NFT) collections. Like their aquatic namesakes, they tend to be influential and often trigger significant ripples within the market.  Noteworthy crypto assets that have captured the attention of whales include Everlodge (ELDG), Aptos (APT), and Near Protocol (NEAR).  Their utility and potential make these assets popular among investors who follow whale strategies. Aptos a layer-1 scaling solution Crypto whales are frequently drawn to pioneering projects that address challenges. Aptos (APT) is a layer-1 scaling solution.  Developed using the Move programming language, the platform provides high throughput and robust security in decentralized finance (defi).  You might also like: Aptos, Microsoft partner to fuse AI with blockchain In contrast to Bitcoin’s processing capacity of approximately seven transactions per second (TPS...