DecryptAug 11, 08:26 PM
Uniswap Enters Launchpad Competition With Zero-Fee Push
Uniswap is positioning itself in the launchpad market with a zero-fee model. According to the source, early data shows the platform already taking the top spot.
ReadDecryptAug 11, 07:06 PM2 min
XRP and Bitcoin Whales Accumulate as Traders Watch for Bear Market Shift
On-chain data cited by Decrypt indicates large holders have been accumulating XRP around the $1 level, while Bitcoin whales are also in focus. The signal is notable, but XRP’s daily chart remains constrained below a death cross.
What happened?
On-chain data cited by Decrypt indicates large holders have been accumulating XRP around the $1 level, while Bitcoin whales are also in focus. The signal is notable, but XRP’s daily chart remains constrained below a death cross.
Why it matters
Large crypto holders are accumulating XRP near the $1 mark, according to on-chain data cited by Decrypt, while Bitcoin whales are also drawing attention during a weak market phase. The buying suggests some major wallets are positioning quietly, even as XRP’s daily chart remains under pressure below a death cross.
Large crypto holders are accumulating XRP near the $1 mark, according to on-chain data cited by Decrypt, while Bitcoin whales are also drawing attention during a weak market phase. The buying suggests some major wallets are positioning quietly, even as XRP’s daily chart remains under pressure below a death cross.
The development matters because whale activity is often watched as a gauge of conviction among larger market participants. Accumulation by big holders can influence sentiment, but it does not by itself confirm a market bottom or a sustained recovery.
For XRP, the mixed picture is especially important. On-chain buying points to demand from large wallets, while the technical setup described in the source remains cautious because the asset is still trading below a death cross on the daily chart.
Bitcoin’s whale activity adds broader context for crypto traders watching whether the current bear market is losing momentum. Still, the source frames the situation as unresolved rather than definitive, with market structure and chart signals yet to confirm a clear shift.
For readers, the key takeaway is that large holders appear to be accumulating, but the evidence remains split. Whale buying is a notable signal, not a guarantee that the bear market is nearly over.
