XRP whales keep buying the dip, but ether shows deeper capitulation
CoinDesk·
60-second summary
Large XRP spot orders continue to accumulate, indicating "quiet accumulation" rather than a breakout, according to CryptoQuant, suggesting whales are buying the dip. Meanwhile, ether's price remains below its realized value, leaving holders underwater, and presents the strongest valuation case among BTC, ETH, and XRP, indicating potential long-term value. Market sentiment remains cautious.
CryptoQuant said large XRP spot orders point to "quiet accumulation" rather than a breakout, while ether’s price below realized value leaves holders underwater and gives it the strongest valuation case among BTC, ETH and XRP.