According to analysts, the crypto whale has absorbed $2,698,600 worth of XRP and Dogecoin (DOGE) in just two days - The Daily Hodl
At the time of writing, #XRP was trading at $2.54, indicating that the whale has amassed $2.54 billion worth of #altcoins .
Referring to the popular #DOGE meme, Martinez says the crypto-kit has collected a large number of dog-themed altcoins in two days.
"Whale has collected over 470 million #Dogecoin DOGE in 48 hours. Dogecoin DOGE has been purchased!
Given that Doge is trading at $0.338 at the time of writing, Whale's Dogecoin fund is worth $158.86 million.
In total, investors with deep pockets have accumulated $2.698 billion worth of XRP and DOGE.
Looking at the chart, Martinez predicts that XRP will soar to a huge price in February and notes that the asset has two potential entry points.
"The first is the rising pennant trendline at $2.05. The second is a break above the pennant at $2.50. Regardless of the entry, the target remains at $10! '
Cryptostrategy continues to note that inflows into digital assets have declined over the past 30 days.
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