Recent analysis reveals that while large holders of Bitcoin have been trimming their stakes, those investing in Ethereum have ramped up their acquisitions. Interestingly, the situation for major investors in $XRP showed minimal fluctuations.
The analyst observed that Bitcoin whales have decreased their collective holdings by around 30,000 $BTC over the last week. Conversely, during this same timeframe, Ethereum whales have added roughly 60,000 $ETH to their portfolios. This indicates a divergent strategy among large investors concerning $BTC and $ETH lately.
Stability in $XRP Holdings
The analyst pointed out that the holdings of $XRP by major investors have remained consistent at about 3.9 billion $XRP. This stability suggests that $XRP whales are in a wait-and-see approach, awaiting the market’s next moves.
*This content should not be considered financial advice.