XRP Whales Hoard Crypto Like Scrooge McDuck 😂💸 – Will Market Survive This Greed?

by

Behold, XRP, that once-proud steed of the digital realm, now limped through the market’s winter, its value shivering beneath the icy breath of December’s crash. A local low near $1.90? A mere trifle for a coin that once danced on the shoulders of giants. Yet, lo! A feeble rebound to $2.02 emerged, though even this was but a flicker of hope in a world where daily charts wept 1.28% and weekly sorrows reached 8.42%. Alas, the weak-kneed masses weep, while the whales… ah, the whales.

The broader weakness? A golden invitation for those with gullets wide enough to swallow fortunes. The market’s frailty became their feast, and feast they did.

Whales Stay Active Despite Price Weakness

Though XRP’s price charts resembled the despairing sigh of a poet abandoned by love, the whales-those leviathans of liquidity-remained as active as a monk in a chocolate factory. For thirty days straight, their Spot Average Order Size swelled with the vigor of a drunkard at a buffet. One might almost call it… charming.

When such metrics glow with whale orders, it whispers of a sly game: buying, selling, or merely toying with the market like a cat with a mouse. But here, dear reader, the whales chose accumulation-not out of charity, but cunning.

For the Spot Taker CVD turned emerald-green, a color that, in the crypto realm, does not signify springtime but the dominance of buyers, who now danced on the market’s strings like puppets tugged by invisible hands.

XRP Whale Holdings Hit a 7-Year High

Lo and behold! While the masses fretted, the whales orchestrated a silent revolution. Santiment’s data revealed a 20.6% plunge in 100M+ XRP wallets over eight weeks-a hollowing out of the many to fatten the few. And what of their spoils? A staggering 48 billion XRP hoarded, a seven-year high that would make Scrooge McDuck weep into his vault.

Meanwhile, Binance’s Whale to Exchange Flow remained as stagnant as a puddle in Siberia. Why deposit when one can withdraw and let the coins multiply in the shadows? The whales, ever the philosophers, chose patience over panic.

Technical Signals Dance Under Bearish Control

Yet, for all their greed, the market remained a bear’s lair. The Relative Vigor Index Zero Cross, that fickle oracle of fortune, dipped to -0.02-a number so bleak it could curdle milk. A bearish crossover, indeed, a signal that the bears still ruled this realm with claws unsheathed.

And so, the dance of despair continued. Bulls, weak as a poet’s resolve, faced a wall of downward pressure. Should the bears persist, XRP might tumble again to $2, with the Parabolic SAR at $1.9 offering a crumb of comfort. But if the whales, in a fit of generosity, unleashed their hoard… well, $2.2 and $2.5 might yet shimmer like distant stars.

Final Thoughts

  • The vanishing of big wallets? A cruel joke, for their holdings now gleam like a cathedral of greed. Seven years of toil, and still, the crumbs go to the few.
  • Bearish signals, like the scolding of a long-suffering spouse, remind us: the market’s heart is cold. Only the whales’ greed may thaw it-or bury it deeper in ice.

Read More

2025-12-03 03:08