Whale also bought couple other altcoins in separate transactions
A big BNB Whale, “Martian Manhunter”, ranked 71st according to WhaleStats and holding 40 million XRP, has just bought 18,800,433 DOGE worth $1,256,188. The whale also bought a few other altcoins in separate trades, among them buying 11,988,683 MATIC worth $5,605,116.
Aside from owning 40 million XRP valued at $12,471,184, the anonymous buyer also owns 25 million ADA, or $11,191,348 worth. Said whale also holds 30 million TRX tokens and 350,000 LINK tokens.
The XRP token wrapped on the BNB chain (formerly known as BSC) has become one of the main assets held by BNB whales.
According to WhaleStats, the top 2,000 BSC whales are currently “hodling” XRP valued at $15,209,981.
Whales have been actively accumulating and growing their holdings by buying at a discount in response to the tumultuous trading action seen since the start of 2022. On July 4, digital assets showed slight signs of recovery after lackluster trading last week . At press time, the price of XRP was $0.324, up 3.80% in the last 24 hours.
Market partly rebounds
Bitcoin and altcoins slightly rebounded, with several tokens adding value at press time. Dogecoin (DOGE) was up slightly by 4.28% to trade at $0.068.
The total market capitalization also stood at $883 billion at press time. Over the weekend, on-chain analytics firm Santiment reported that most crypto assets hit all-time highs of MVRV, or “pain” thresholds, in their trading returns when a price reversal for mitigate the current losses could be anticipated. However, it remains difficult to predict when that will happen, Santiment noted.
