As the broader crypto market gains bullish momentum, XRP is seeing renewed upward movement, reclaiming the $3.3 mark after trading below the level for several days. XRP’s price has bounced back from the recent downward trend, but notable selling activity has been observed among investors.
Short-Term XRP Wallets Enter Distribution Mode
Following its renewed upward move, XRP is once again in the limelight due to short-term holders, who seem to be changing their strategies. XRP is once again in the news because short-term holders seem to be changing their strategies.
A recent report from Alphractal, an advanced investment and on-chain data platform, shows that the short-term holders appear to be moving from accumulation mode to active distribution mode. The development was obse