XRP Flips Cardano (ADA) for Most Traded Among Whales, Here's What Is Going On

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XRP overtakes Cardano (ADA) as top-traded crypto among whales ADA $ADA $XRP RippleXRP XRPArmy XRPCommunity XRPHolders

On the other hand, XRP made it to the top 10 holdings of the top 100 Binance whales, with an average amount of $278,203 held, implying an average quantity of 708,212 XRP held by this whale category. In total, a whopping 70 million tokens, or 70,821,235, rest in the portfolio of these whales, which is valued at $27.82 million.

It seems this trend might have well entered 2023, given the spike in trading volume reported by WhaleStats for BNB Chain whales. The current optimism stems from recent positive developments in the Ripple lawsuit. As reported, all motions have now been briefed in the case, and the judge's decision is now awaited.CryptoLaw founder and blockchain enthusiastexplains the only way the judge could give Ripple an outright win in the ongoing SEC lawsuit.

 

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