{"id":822765,"date":"2025-01-29T06:12:34","date_gmt":"2025-01-29T12:12:34","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/29\/xrp-news-ripple-whales-push-120-million-xrp-in-recent-market-dip\/"},"modified":"2025-01-29T06:12:34","modified_gmt":"2025-01-29T12:12:34","slug":"xrp-news-ripple-whales-push-120-million-xrp-in-recent-market-dip","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/29\/xrp-news-ripple-whales-push-120-million-xrp-in-recent-market-dip\/","title":{"rendered":"XRP News: Ripple Whales Push 120 Million XRP in Recent Market Dip"},"content":{"rendered":"
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\"XRP<\/figure>\n<\/div>\n
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XRP has seen an impressive 12.8% increase in the past 24 hours, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Reports reveal that Ripple whales were key players in this surge. Crypto expert Ali Martinez recently shared on X that whales purchased at least 120 million XRP during the latest market dip.<\/p>\n

Here\u2019s what\u2019s driving XRP\u2019s momentum.<\/p>\n

XRP\u2019s Performance: A Year in Review<\/h2>\n

At the start of the year, XRP traded at around $2.0813. Between January 10 and 17, the price climbed by an impressive 44.72%, hitting $3.4040 on January 16. However, a sharp 9.74% correction on January 19 pulled the price back. While the market hasn\u2019t fully recovered, buyers managed to push XRP back to $3.28 by January 22, showcasing strong demand.<\/p>\n

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According to Ali Martinez, Ripple whales accumulated 120 million XRP during the recent market dip. This demonstrates their confidence in XRP\u2019s future, even after the recent correction. Their activity reflects growing optimism in the market.<\/p>\n

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Regulatory Wins Boost Growth<\/h2>\n

Ripple\u2019s recent acquisition of Money Transmitter Licenses<\/a> in New York and Texas has strengthened its position in the U.S. market. These licenses highlight Ripple\u2019s increasing acceptance and regulatory compliance, which many believe is fueling XRP\u2019s price rise.<\/p>\n

Former Ripple executive Sean McBride added to the excitement with a recent X post teasing an announcement at the upcoming XRP Community Day. His hints have stirred enthusiasm, with speculation about an XRP ETF launch this year.<\/p>\n

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I think I was the first to say XRP would get an ETF this year. That was in April of last year ????<\/p>\n

Tune in to the XRP Community Day tomorrow, I think everyone will be happy with what\u2019s going to be shared. <\/p>\n

We still need a regulatory framework. That will always be the most\u2026<\/p>\n<\/div>\n

\u2014 Sean McBride (@seanmcbride16) January 28, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

McBride also suggested that the long-standing legal battle between Ripple and the Securities and Exchange Commission (SEC) could soon reach a settlement. Many analysts believe that such a resolution could lead to explosive growth for XRP.<\/p>\n

XRP\u2019s Next Move: Price Predictions<\/h2>\n

XRP is currently trading at $3.13, and market analyst Dark Defender predicts the next price target could reach $3.62. This aligns with the bullish sentiment currently driving the market and highlights growing investor optimism.<\/p>\n

Source: Dark Defender, X<\/figcaption><\/figure>\n

In conclusion, XRP\u2019s impressive performance<\/a> highlights the confidence of Ripple whales and the crypto community. With regulatory wins, exciting announcements, and market predictions aligning positively, XRP seems poised for significant growth.\u00a0\u00a0<\/p>\n

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\n Qadir AK<\/p>\n","protected":false},"excerpt":{"rendered":"

XRP has seen an impressive 12.8% increase in the past 24 hours, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Reports reveal that Ripple whales were key players in this surge. Crypto expert Ali Martinez recently shared on X that whales purchased at least 120 million XRP during the latest market dip. Here\u2019s what\u2019s<\/p>\n","protected":false},"author":1,"featured_media":822766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25213,22583],"tags":[],"class_list":["post-822765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ripple","category-whales"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=822765"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/822766"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=822765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=822765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=822765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}