Gather ’round, my dear readers, and let me spin you a yarn about XRP and its peculiar courtship with the almanac of blockchain whispers. Seems them newfangled ETFs in the States have thrown a wrinkle in the price chart’s usual routine, like a cat stepping on a spiderweb. Curiouser and curiouser!
Institutions Playin’ Possum While Retailers Nap 🦝💤
On the frosty morn of November 28th, a certain Cryptonchain fellow scribbled in their Quicktake ledger that XRP’s price was doin’ the two-step with on-chain goings-on. The key clue? Them “Active Addresses” – the number of wallets tappin’ their toes on the XRP Ledger. A fancy way of sayin’ “retailers are either asleep or out pickin’ cotton.”
Now, mark my words: them active addresses have dipped to a measly 19,400 – the lowest since the calendar flipped to 2025. Typically, when a coin’s network activity plummets, the price follows like a dog on a leash. But not XRP! It’s holdin’ its ground at $2.20, like a stubborn mule in a hurricane. What gives?
CryptoOnchain, that wise old owl of the blockchain, reckons institutions are playin’ coy – sippin’ coffee and buyin’ XRP in back alleys via OTC desks and custodial vaults (Coinbase Prime, BitGo – fancy names for secret societies). Meanwhile, the poor retail folk, who once danced to FOMO tunes, are now outnumbered by squirrels in a nut store.
What’s the Tea-Leaf Reading? ☕📈
When the active address count dips below 19,000, it’s like sayin’ “the town’s empty except for the bartender and the mayor.” Retailers, those rowdy barn-raisers, ain’t around to stir up trouble. Yet the price stays steady as a rock – a sign, dear friends, that institutions are stockpilin’ XRP like squirrels hoard acorns. And with ETFs pourin’ in cash like a gold rush, the stage is set for a grand ol’ bull run… if the retails ever wake up from their siesta.
As of now, XRP hums along at $2.18 – up 2% in a day, 14% in a week. But here’s the kicker: if the crowd returns, expect a fireworks show that’ll make Wall Street blush. Or, as the kids say today, “Moonwalk to the moon!” 🌕🚀
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2025-11-29 22:28