Dogecoin and XRP witness significant whale activity: analysts expect ‘something big’
Both Dogecoin and XPR have had significant whale activity in the last 24 hours.
To be exact, an unknown wallet address has transferred 71.2 million Dogecoin, worth $6.4 million, to a Robinhood wallet address, as well as 40.03 million to another unknown wallet address, they say. from Benzinga.
In addition, another unknown wallet transaction of 367.06 million doge, about $33 million, has also been given to another unknown wallet address.
When it comes to XRP, it has also had very striking movements.
A Binance wallet address transferred 300 million XRP to an unknown wallet address. The tokens were worth $185,058 million. In another transaction, 139.4 million XRP have been transferred between 2 unknown wallet addresses.
There has also been a third transaction from an unknown wallet address of 27.8 million to a Bitstamp address and a fourth of 70 million XPR from a Ripple wallet address to an unknown wallet address.
Frankly striking data that has increased daily transactions by 350% in the last 24 hours to 4.11 million transactions, the highest number in the last 2 years.
All this has caught the attention of analysts, who believe that “something big” is coming.
The creator of Dogecoin, Billy Markus, known as Shibetoshi Nakamoto, made it clear in an X post on December 24: “Which is better, Solana or Ethereum? My opinion on which is better is whatever the community gives me more tips.
Shortly after, he added his SOL and ETH addresses in the post and in just 5 hours he collected over $10,000 in various cryptocurrencies, with his Ethereum wallet receiving $8.2 billion, mostly in ETH. The Solana wallet collected almost 2 billion in various assets that were a mix of Solana tokens.
For its part, Crypto Daily Trade Signals hopes that “Dogecoin will do something big in 15 days” and another user who responds to the name @itsALLrisky, points out the following: “Goal for 2024: say ‘Dogecoin to the moon!’ “at least once a day!”
The cryptocurrency youtuber Ben Armstrong expects XRP to “start moving” in the next 3-4 weeks. “Pack your bags, guys, it’s time to act,” she notes.
Another cryptocurrency YouTuber, CryptoRoverhas also left a very interesting post on X: “Once XRP breaks this pattern, the breakout will be massive.”
