XRP Whales Dump 200M Tokens Following ETF Launch
TL;DR Large XRP holders sold around 200 million tokens shortly after the first US spot ETF began trading, creating significant selling pressure despite strong institutional inflows.
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR Large XRP holders sold around 200 million tokens shortly after the first US spot ETF began trading, creating significant selling pressure despite strong institutional inflows.
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