Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

2025-05-19

Bitcoin touches $ 2T market capitalization, surpasses Google and Meta – Is Apple next?

2025-05-19

XRP Price forecast – ‘Mixed signals’ Mean Altcoin will move like this!

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19
  • NFT

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Why XRP Dropped Despite Interest in Whales
Altcoins

Why XRP Dropped Despite Interest in Whales

2023-11-27No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: November 28, 2023

  • Whales started showing interest in XRP.
  • The price continued to decline, but new collaborations could positively impact the token.

Ripple [XRP] has had huge ups and downs in recent years due to the lawsuit against the SEC. However, as things cooled on the litigious front, uncertainty surrounding the token’s price remained.

Whales come in

Over the past week, major Ripple investors have made notable moves. They purchased approximately 11 million XRP, worth approximately $6.82 million at the time of writing. This indicated significant activity among the large farmers.

The acquisition is a reflection of the ongoing dynamics within the market, with these major owners strategically positioning themselves. The purchase also suggested an increase in capital flowing into XRP.

#Ripple | Data about the chain shows this #XRP whales bought about 11 million $XRP in the past week, worth approximately $6.82 million! pic.twitter.com/VnWpaMoOYR

— Ali (@ali_charts) November 25, 2023

In addition to the interest in whales, the litigious crypto landscape could also have an impact on XRP.

The legal POV

On November 26, Ripple attorney John E. Deaton criticized Senator Elizabeth Warren for failing to provide relief to more than 300 investors in Massachusetts.

Deaton further alleged that Warren violated her oath by providing SEC Chairman Gensler with questions and recommended answers instead of supporting investors.

She sits on the Senate Banking Committee, but refused to help more than 300 individual investors in Massachusetts who asked her for help. She refused to even write a letter to the @SECGov on behalf of these investors. Instead of signing the letter to the SEC,… https://t.co/0utg82L5k2

— John E. Deaton (@JohnEDeaton1) November 26, 2023

The crypto community responded to increasing regulatory threats as the CFTC warned of increased scrutiny, in line with SEC and DoJ actions. To that extent, the outcomes of the Ripple, Kraken, and Coinbase cases could shape U.S. crypto regulation.

See also  Ripple CLO says XRP ruling bodes well for Coinbase, Binance SEC cases

Key dates, such as Coinbase’s January 17, 2024 motion hearing and Ripple’s penalty decision, could impact the crypto market and influence legislative responses to SEC actions.

Judge Failla’s rulings could impact the SEC’s regulatory approach, including potential appeals in the XRP Programmatic Sales case.

State of XRP

At the time of writing, XRP was trading at $0.6083, down 2.08% in the last 24 hours. The volume on which XRP traded had also decreased. However, things may improve for XRP in the future. However, new updates could improve market sentiment.

Source: Santiment


Is your portfolio green? look at the XRP Profit Calculator


Recently, Metaco, acquired by Ripple, partnered with HSBC, sparking optimism among XRP enthusiasts. For the uninitiated, the “XRP Army” sees HSBC’s choice as a signal for the adoption of XRPL and XRP tokens.

Loyalty to a cryptocurrency often leads to optimistic assumptions. However, Metaco’s CEO noted that ongoing courtship efforts could take as long as 18 months, calling into question simplistic narratives.



Source link

dropped Interest Whales XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP Price forecast – ‘Mixed signals’ Mean Altcoin will move like this!

2025-05-19

Only 5% will make it

2025-05-19

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Conflux (CFX) up 11% as Bank of China starts SIM card payments with digital yuan

2023-07-12

2023 sets the stage for a monumental 2024

2023-12-21

XRP Could Gain By 2500% In 2024, Crypto Analyst Says

2023-09-13
Editors Picks

Een alles-in-één DeFi-ervaring: interview met mede-oprichter van Vertex, Darius Tabatabai

2023-05-28

Crypto could see this cycle of the extensive bullmarkt, according to Macro Guru Raoul Pal – here is his timeline

2025-05-05

MrBeast accused of $23 million crypto scheme

2024-10-30

Buy or sell now? Analyst predicts trend

2023-12-08
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

Bitcoin touches $ 2T market capitalization, surpasses Google and Meta – Is Apple next?

XRP Price forecast – ‘Mixed signals’ Mean Altcoin will move like this!

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,769.79-0.46%
  • ethereumEthereum(ETH)$2,535.233.04%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.38-1.27%
  • binancecoinBNB(BNB)$650.780.20%
  • solanaSolana(SOL)$168.05-1.43%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.225363-2.09%
  • cardanoCardano(ADA)$0.74-1.01%
  • tronTRON(TRX)$0.2663850.50%
  • suiSui(SUI)$3.87-0.27%
  • chainlinkChainlink(LINK)$15.840.99%
  • avalanche-2Avalanche(AVAX)$22.32-1.89%
  • stellarStellar(XLM)$0.286088-1.32%
  • hyperliquidHyperliquid(HYPE)$26.55-0.67%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.56%
  • hedera-hashgraphHedera(HBAR)$0.194153-0.57%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-1.45%
  • bitcoin-cashBitcoin Cash(BCH)$393.33-2.90%
  • the-open-networkToncoin(TON)$3.03-2.50%
  • litecoinLitecoin(LTC)$98.53-1.18%
  • polkadotPolkadot(DOT)$4.61-2.61%
  • moneroMonero(XMR)$343.902.06%
  • bitget-tokenBitget Token(BGB)$5.210.59%
  • pepePepe(PEPE)$0.000013-3.10%
  • daiDai(DAI)$1.000.03%
  • piPi(PI)$0.74-0.77%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$251.5810.45%
  • uniswapUniswap(UNI)$5.96-1.12%
  • bittensorBittensor(TAO)$413.02-1.51%
  • nearNEAR Protocol(NEAR)$2.78-0.99%
  • aptosAptos(APT)$5.221.48%
  • okbOKB(OKB)$52.45-1.04%
  • ondo-financeOndo(ONDO)$0.93-1.28%
  • kaspaKaspa(KAS)$0.108359-1.98%
  • ethereum-classicEthereum Classic(ETC)$18.49-0.08%
  • internet-computerInternet Computer(ICP)$5.21-1.07%
  • gatechain-tokenGateToken(GT)$21.51-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.19%
  • crypto-com-chainCronos(CRO)$0.096113-2.83%
  • mantleMantle(MNT)$0.73-1.75%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233272-2.40%
  • vechainVeChain(VET)$0.028114-1.99%
  • render-tokenRender(RENDER)$4.57-1.17%
  • ethenaEthena(ENA)$0.372673-3.04%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • algorandAlgorand(ALGO)$0.222772-1.05%
  • filecoinFilecoin(FIL)$2.86-0.47%
  • arbitrumArbitrum(ARB)$0.3925910.66%
  • bitcoinBitcoin(BTC)$105,769.79-0.46%
  • ethereumEthereum(ETH)$2,535.233.04%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.38-1.27%
  • binancecoinBNB(BNB)$650.780.20%
  • solanaSolana(SOL)$168.05-1.43%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.225363-2.09%
  • cardanoCardano(ADA)$0.74-1.01%
  • tronTRON(TRX)$0.2663850.50%
  • suiSui(SUI)$3.87-0.27%
  • chainlinkChainlink(LINK)$15.840.99%
  • avalanche-2Avalanche(AVAX)$22.32-1.89%
  • stellarStellar(XLM)$0.286088-1.32%
  • hyperliquidHyperliquid(HYPE)$26.55-0.67%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.56%
  • hedera-hashgraphHedera(HBAR)$0.194153-0.57%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-1.45%
  • bitcoin-cashBitcoin Cash(BCH)$393.33-2.90%
  • the-open-networkToncoin(TON)$3.03-2.50%
  • litecoinLitecoin(LTC)$98.53-1.18%
  • polkadotPolkadot(DOT)$4.61-2.61%
  • moneroMonero(XMR)$343.902.06%
  • bitget-tokenBitget Token(BGB)$5.210.59%
  • pepePepe(PEPE)$0.000013-3.10%
  • daiDai(DAI)$1.000.03%
  • piPi(PI)$0.74-0.77%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$251.5810.45%
  • uniswapUniswap(UNI)$5.96-1.12%
  • bittensorBittensor(TAO)$413.02-1.51%
  • nearNEAR Protocol(NEAR)$2.78-0.99%
  • aptosAptos(APT)$5.221.48%
  • okbOKB(OKB)$52.45-1.04%
  • ondo-financeOndo(ONDO)$0.93-1.28%
  • kaspaKaspa(KAS)$0.108359-1.98%
  • ethereum-classicEthereum Classic(ETC)$18.49-0.08%
  • internet-computerInternet Computer(ICP)$5.21-1.07%
  • gatechain-tokenGateToken(GT)$21.51-1.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.19%
  • crypto-com-chainCronos(CRO)$0.096113-2.83%
  • mantleMantle(MNT)$0.73-1.75%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233272-2.40%
  • vechainVeChain(VET)$0.028114-1.99%
  • render-tokenRender(RENDER)$4.57-1.17%
  • ethenaEthena(ENA)$0.372673-3.04%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • algorandAlgorand(ALGO)$0.222772-1.05%
  • filecoinFilecoin(FIL)$2.86-0.47%
  • arbitrumArbitrum(ARB)$0.3925910.66%