XRP Jumps 10% to $1.55 on Whale Accumulation and Ripple-Bybit Rewards Program
- —XRP gained 10.3% to $1.5554, peaking near $1.56
- —Whales accumulated 1.54 billion XRP (about $2.2 billion) over 96 hours
- —XRP inflows to Binance surged 663% to 21.7 million daily, but exchange reserves rose only 0.22%
- —Bybit and Ripple launched Hold & Earn: up to 3.5% APY and 800,000 XRP until October 18
Why it matters: Breaking the 50-week moving average at $1.51 could open further upside, though rising leverage risks short-term volatility.
Source: Blockmedia