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XRP Whale Dominance Falls 27% in 8 Days, Indicating Reduced Trading Activity
XRP whale dominance across centralized exchanges has declined by 27% in eight days, from 64% on September 30 to 46.7% on October 8, according to CryptoQuant. This indicates that large XRP holders are becoming dormant and participating less in trading activities, rather than actively selling. On Binance, the whale-retail spread also dropped from 68% to 54.9% during the same period.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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