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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,
The latest data shows that 'crypto pirates' (whales) holding significant amounts of Bitcoin (BTC) have acquired another 71,000 BTC.
Thanks to the Large Holders Netflow metric, there is a clear evidence of strategic accumulation during the recent price decline.
IntoTheBlock reports, “The net flow metric is showing a significant increase, which matches with an addition of over 70,000 BTC.”
Cryptotraders, taking advantage of the recent downturn, accumulated 71,000 BTC, which significantly influenced market trends.
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