The on-chain data aggregator Santiment recently released a study stating that the number of tiny XRP wallets on XRP Ledger has increased to the greatest level in over a decade. In addition, another noteworthy milestone has been reached in the last three years.
As of this week, XRP whales have moved hundreds of millions of XRP to centralised cryptocurrency exchanges, indicating that their activity is increasing in the meantime.
Number of XRP whales skyrockets
According to Santiment’s most recent tweet, 5.02 million wallets on the XRP Ledger have more than zero XRP currency in them. According to the research, there have been more whale addresses than at any other time in XRP’s more than ten years of public trading.
For instance, according to Santiment, on January 31 there were 1.5 million wallets altogether that had more than 0 XRP in them, which is a decrease from today’s numbers. Over the past three years, XPR, the sixth-largest cryptocurrency by market capitalization value, has added more than twice as many wallets—a 104% increase in the wallet network.
https://x.com/santimentfeed/status/1751042416034074950?s=20
XRP contract listed on Gemini
After touting this new big listing to their audience for many days, the Winklevoss twins’ cryptocurrency exchange, Gemini, finally revealed earlier this week the listing of an XRP/GUSD perpetual contract.
The exchange Twitter account made some interesting postings on January 21, 22, and 23. They said things like, “Don’t forget about xrp,” “xcited about XRP,” and “xriving shortly.” The bitcoin community was perplexed until the exchange disclosed the actual significance of their tweets.
A popular kind of derivatives that let traders wager on the price of an underlying coin without worrying about an expiration date are perpetual contracts. In addition to XRP/GUSD, Gemini now provides BTC/GUSD, ETH/GUSD, and PEPE/GUSD perpetual contracts.
Max Keiser predicts XRP to go to $0.01
Max Keiser, a well-known Bitcoin supporter and detractor of altcoins, has been disparaging XRP lately in order to generate extremely pessimistic forecasts about it and refers to it as “centralised garbage.” A week ago, he tweeted that he thought the six largest cryptocurrencies will fall below $0.01. Subsequently, he tweeted again, predicting that XRP will soon drop to virtually nothing in comparison to Bitcoin.
He also predicted similar things concerning SOL.
