In spite of the current market uncertainty, Ripple coin’s largest crypto whales have been seen stacking up the altcoin, defying the fearful trend that’s caught In spite of the current market uncertainty, Ripple coin’s largest crypto whales have been seen stacking up the altcoin, defying the fearful trend that’s caught

XRP’s Millionaire Club Grows Despite Mild Price Dip

News Brief
Despite ongoing market uncertainty, Ripple's largest crypto whales continue accumulating XRP even as retail investors panic-sell. What's particularly striking is that since early 2026, XRP's value has declined merely 4%, yet on-chain data reveals 42 new millionaires have emerged. According to Santiment, this trend contrasts sharply with Q4 2025, when 784 XRP millionaires liquidated their holdings between October 5th and New Year's Eve. Therefore, this whale accumulation during price corrections could signal robust long-term confidence in the altcoin's prospects, suggesting major holders recognize value where smaller traders perceive only risk.

In spite of the current market uncertainty, Ripple coin’s largest crypto whales have been seen stacking up the altcoin, defying the fearful trend that’s caught the retail by the nuts. Since the beginning of 2026, XRP’s market value dipped by 4%, but this modest figure comes along with 42 new millionaires, on-chain data suggests. Mainstream Hit Births Millionaires: A Good Long-Term Look? According to Santiment, this vibe is totally different from what the on-chain sleuths had seen in Q4 of 2025. Interestingly, 784 XRP millionaires had signed off from October 5, 2025 until the New Year’s Eve, hinting at


Continue reading on DailyCoin.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

SEC PROJECT CRYPTO signals a shift as US regulators align SEC and CFTC oversight toward clearer rules for digital assets and markets.
Share
The Cryptonomist2026/01/30 19:21
SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

TLDR SoFi Technologies reported fourth-quarter revenue of $1.01 billion, up 37% year-over-year, marking the first time quarterly revenue exceeded $1 billion The
Share
Blockonomi2026/01/30 21:23
Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

The post Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Forward Industries, the largest publicly traded Solana treasury company, has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. SEC  to raise more capital for additional SOL accumulation. Forward Strategies Doubles Down On Solana Strategy In a Wednesday press release, Forward Industries revealed that the 4 billion ATM equity offering program will allow the company to issue and sell common stock via Cantor Fitzgerald under a sales agreement dated Sept. 16, 2025. Forward said proceeds will go toward “general corporate purposes,” including the pursuit of its Solana balance sheet and purchases of income-generating assets. The sales of the shares are covered by an automatic shelf registration statement filed with the US Securities and Exchange Commission that is already effective – meaning the shares will be tradable once they’re sold. An automatic shelf registration allows certain publicly listed companies to raise capital with flexibility swiftly.  Kyle Samani, Forward’s chairman, astutely described the ATM offering as “a flexible and efficient mechanism” to raise and deploy capital for the company’s Solana strategy and bolster its balance sheet.  Advertisement &nbsp Though the maximum amount is listed as $4 billion, the firm indicated that sales may or may not occur depending on existing market conditions. “The ATM Program enhances our ability to continue scaling that position, strengthen our balance sheet, and pursue growth initiatives in alignment with our long-term vision,” Samani said. Forward Industries kicked off its Solana treasury strategy on Sept. 8. The Wednesday S-3 form follows Forward’s $1.65 billion private investment in public equity that closed last week, led by crypto heavyweights like Galaxy Digital, Jump Crypto, and Multicoin Capital. The company started deploying that capital this week, announcing it snatched up 6.8 million SOL for approximately $1.58 billion at an average price of $232…
Share
BitcoinEthereumNews2025/09/18 03:42