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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Whale Interest in Rooted Altcoin: What is the Preparation of 80 Million Transactions in 2 Days? - Coin Bulletin
Popular analyst Ali Martinez shared the noteworthy transactions of Cardano (ADA) whales.
In his post on December 12th, Ali Martinez highlighted the notable movements of Cardano whales. According to the data shared by the analyst, whales purchased more than 80 million ADA between December 10th and 12th.
The urgency of whales' ADA purchases has been interpreted as a possible move to prepare for a pre-rise. Whales who do not hesitate to add ADA to their bull baskets once again reveal their expectations and confidence in the project.
The eyes of the Cardano community and other crypto investors are now turned to the performance ADA will show in the coming days. While such large-scale purchases are expected to create upward movements in price, the volatile nature of the market always reminds us that it is open to surprises.
According to CoinGecko data, ADA, which has shown a %105 increase in the last 1 month, is currently trading at $1.10.