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XRP Bulls Accumulate as Whales Pile In, Holding Above Key Support
#XRPRealityCheck Recent activity on the XRP Ledger shows that whale investors have been quietly accumulating large amounts of XRP, potentially setting the stage for a significant price boost. Over the past week, whale addresses holding between 100 million and 1 billion coins added a total of 1.34 billion XRP valued at over $3.26 billion. #GPSonBinance While some speculated this buying was linked to XRP’s inclusion in the US Crypto Reserve, it appears that these large holders are simply taking advantage of low prices, anticipating further gains. Despite an 18% drop on Monday, the whales did not sell, indicating strong confidence in the asset’s long-term potential.
Bitcoin Down 25% From All-Time High as Crypto Rout Worsens
A rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of US President Donald Trump’s latest tariff threats, marking a dramatic reality check for one of the most popular Trump trades.
The cryptocurrency tumbled as much as 7.2% on Friday to the lowest since early November and is down some 27% since it hit an all-time high less than six weeks ago. The selloff came amid a broad plunge in cryptocurrencies, with Ether, Polkadot and XRP all dropping more than 7% on Friday #BTCcrashfears
#CryptoCrash2025 $200 Million In Crypto Longs Wiped Out As Altcoins Crash
According to data from CoinGlass, liquidations have piled up on the cryptocurrency futures market in the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has accumulated losses of a certain degree.
As is visible above, the cryptocurrency derivatives sector has registered a total of $268 million in liquidations during the last 24 hours. Out of these, $217 million of the positions involved were bullish bets.
Now, here is a heatmap that displays how the contribution to the squeeze has looked from the individual assets: Generally, Bitcoin (BTC) tops this list, but it would appear that the number one cryptocurrency has failed to make even the top two this time around. This is due to the fact that the coin has seen relatively flat movement during this crash of the altcoins.
* Bybit CEO Ben Zhou has confirmed that the exchange's Ethereum cold wallet was hacked. Ether is down by 4% following the transfers
* Bybit CEO Ben Zhou wrote on X that a hacker "took control of the specific ETH cold wallet and transferred all the ETH in the cold wallet to this unidentified address.""Please rest assured that all other cold wallets are secure. All withdrawals are normal," he added
* What to know: Blockchain data shows that around $1.4 billion has been withdrawn so far, and $200 million of that has been liquidated on decentralized exchanges.