Whales Acquire 1.1 Billion Shares

This is a U.S. news story, published by CoinGape, that relates primarily to Ripple news.

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Summary

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74% Informative

Whales acquired 1.1 billion XRP in 14 days , adding $ 2B to holdings despite macroeconomic headwinds and market sell-offs.

Ripple (XRP) has maintained an average trading price of $ 2 over the last 30 days .

Ripple 's $ 1.25B Hidden Road acquisition expands stablecoin, settlement, and prime brokerage capabilities.

XRP 's inclusion in the U.S. strategic crypto reserve signals bipartisan legitimacy and long-term potential for national blockchain infrastructure.

The recent $2 billion accumulation by XRP ’s wealthiest cohort appears a calculated bet on positive long-term price prospects amid Trade war tension.

As a decentralized asset with no physical operations or supply chain vulnerabilities, Ripple could offer large investors and high-net-worth traders a relative flight-to-safety option.

However it remains to be seen of the global cryptocurrency sector will decouple as the bearish sentiment surrounding stocks and commodities markets intensify.

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formal

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English

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not offensive

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not hateful