🚀 XRP Whale earns $2.33M on $9M long position 🚀
A notable crypto whale realized unrealized gains of $2.33 million by holding a $9 million long position in XRP, with a current price near $3.05. This move sparks enormous attention and speculation: what does this giant investor know? 🤔
📉 Although large holders have sold over 640M tokens (~$340M) in recent weeks, suggesting possible downward pressure, the whale seems to be betting on a strong recovery.
📊 Analysts warn that if XRP does not hold $2.65, it could fall even to $2.00, but external factors such as potential inclusions in 401(k) plans and regulatory advancements with Ripple could boost institutional demand.
🌏 Additionally, institutional interest is growing in Asia, with ETFs exploring the integration of XRP and new custody infrastructures.
⚖️ This whale combines technical analysis, macro environment, and perhaps insider information for this large position. Are we facing a strong rebound or a calculated risk?
