• bitcoinBitcoin (BTC) $ 105,937.00
  • ethereumEthereum (ETH) $ 2,550.28
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 649.08
  • solanaSolana (SOL) $ 147.40
  • usd-coinUSDC (USDC) $ 0.999837
  • tronTRON (TRX) $ 0.273226
  • dogecoinDogecoin (DOGE) $ 0.170290
  • staked-etherLido Staked Ether (STETH) $ 2,549.02
  • cardanoCardano (ADA) $ 0.601819
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,968.00
  • hyperliquidHyperliquid (HYPE) $ 37.37
  • wrapped-stethWrapped stETH (WSTETH) $ 3,080.47
  • bitcoin-cashBitcoin Cash (BCH) $ 492.61
  • suiSui (SUI) $ 2.83
  • chainlinkChainlink (LINK) $ 13.16
  • leo-tokenLEO Token (LEO) $ 9.17
  • stellarStellar (XLM) $ 0.250217
  • avalanche-2Avalanche (AVAX) $ 18.21
  • the-open-networkToncoin (TON) $ 2.97
  • whitebitWhiteBIT Coin (WBT) $ 49.54
  • usdsUSDS (USDS) $ 0.999830
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wethWETH (WETH) $ 2,550.87
  • wrapped-eethWrapped eETH (WEETH) $ 2,730.92
  • litecoinLitecoin (LTC) $ 85.52
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.148847
  • moneroMonero (XMR) $ 314.87
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.54
  • bitget-tokenBitget Token (BGB) $ 4.31
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,910.00
  • uniswapUniswap (UNI) $ 7.85
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.539917
  • aaveAave (AAVE) $ 260.07
  • daiDai (DAI) $ 0.999546
  • okbOKB (OKB) $ 53.99
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 354.82
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.44
  • crypto-com-chainCronos (CRO) $ 0.090831
  • internet-computerInternet Computer (ICP) $ 5.08
  • nearNEAR Protocol (NEAR) $ 2.18
  • jito-staked-solJito Staked SOL (JITOSOL) $ 178.43
  • susdssUSDS (SUSDS) $ 1.06
  • ethereum-classicEthereum Classic (ETC) $ 16.83
  • ondo-financeOndo (ONDO) $ 0.774150
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.82
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.625808
  • gatechain-tokenGate (GT) $ 16.92
  • fasttokenFasttoken (FTN) $ 4.44
  • vechainVeChain (VET) $ 0.021859
  • official-trumpOfficial Trump (TRUMP) $ 9.34
  • kaspaKaspa (KAS) $ 0.070947
  • cosmosCosmos Hub (ATOM) $ 4.06
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,428.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.688945
  • ethenaEthena (ENA) $ 0.288015
  • skySky (SKY) $ 0.080546
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.190718
  • render-tokenRender (RENDER) $ 3.20
  • filecoinFilecoin (FIL) $ 2.37
  • usdt0USDT0 (USDT0) $ 0.999672
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,548.54
  • worldcoin-wldWorldcoin (WLD) $ 0.939055
  • arbitrumArbitrum (ARB) $ 0.307272
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.40
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998640
  • algorandAlgorand (ALGO) $ 0.170262
  • quant-networkQuant (QNT) $ 100.95
  • usdtbUSDtb (USDTB) $ 0.999727
  • kucoin-sharesKuCoin (KCS) $ 11.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.92
  • spx6900SPX6900 (SPX) $ 1.34
  • nexoNEXO (NEXO) $ 1.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.405460
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,901.49
  • flare-networksFlare (FLR) $ 0.017601
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,668.45
  • kaiaKaia (KAIA) $ 0.198168
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.75
  • celestiaCelestia (TIA) $ 1.66
  • sei-networkSei (SEI) $ 0.203046
  • injective-protocolInjective (INJ) $ 11.50
  • bonkBonk (BONK) $ 0.000014
  • fartcoinFartcoin (FARTCOIN) $ 1.04
  • sonic-3Sonic (S) $ 0.321624
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999974
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999581
  • blockstackStacks (STX) $ 0.647124
  • optimismOptimism (OP) $ 0.572698
  • paypal-usdPayPal USD (PYUSD) $ 0.999554
  • xdce-crowd-saleXDC Network (XDC) $ 0.058338
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,725.47
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,672.13
  • newton-projectAB (AB) $ 0.014669
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 105,808.00
  • wbnbWrapped BNB (WBNB) $ 648.84
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,791.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,675.96
  • pax-goldPAX Gold (PAXG) $ 3,372.80
  • the-graphThe Graph (GRT) $ 0.084918
  • tether-goldTether Gold (XAUT) $ 3,360.65
  • story-2Story (IP) $ 2.83
  • clbtcclBTC (CLBTC) $ 105,916.00
  • vaultaVaulta (A) $ 0.514827
  • dogwifcoindogwifhat (WIF) $ 0.803624
  • curve-dao-tokenCurve DAO (CRV) $ 0.588374
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • immutable-xImmutable (IMX) $ 0.411051
  • jito-governance-tokenJito (JTO) $ 2.23
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 164.66
  • aerodrome-financeAerodrome Finance (AERO) $ 0.867971
  • flokiFLOKI (FLOKI) $ 0.000075
  • msolMarinade Staked SOL (MSOL) $ 191.87
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,752.32
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.24
  • ousgOUSG (OUSG) $ 111.48
  • lido-daoLido DAO (LDO) $ 0.779686
  • theta-tokenTheta Network (THETA) $ 0.693241
  • zcashZcash (ZEC) $ 41.94
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998654
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.93
  • galaGALA (GALA) $ 0.014434
  • bitcoin-svBitcoin SV (BSV) $ 32.07
  • iotaIOTA (IOTA) $ 0.165795
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • pendlePendle (PENDLE) $ 3.88
  • the-sandboxThe Sandbox (SAND) $ 0.257101
  • jasmycoinJasmyCoin (JASMY) $ 0.012608
  • usual-usdUsual USD (USD0) $ 0.997442
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009620
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 105,652.00
  • walrus-2Walrus (WAL) $ 0.435518
  • pyth-networkPyth Network (PYTH) $ 0.099424
  • raydiumRaydium (RAY) $ 2.12
  • falcon-financeFalcon USD (USDF) $ 0.999783
  • super-oethSuper OETH (SUPEROETH) $ 2,549.87
  • tezosTezos (XTZ) $ 0.535567
  • tbtctBTC (TBTC) $ 105,861.00
  • coredaoorgCore (CORE) $ 0.553104
  • flowFlow (FLOW) $ 0.347005
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.29
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,549.16
  • saros-financeSaros (SAROS) $ 0.206384
  • syrupMaple Finance (SYRUP) $ 0.499485
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,679.07
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,725.06
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 106,022.00
  • apecoinApeCoin (APE) $ 0.634449
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,548.11
  • thorchainTHORChain (RUNE) $ 1.42
  • true-usdTrueUSD (TUSD) $ 0.998127
  • decentralandDecentraland (MANA) $ 0.257157
  • dexeDeXe (DEXE) $ 8.51
  • chain-2Onyxcoin (XCN) $ 0.013755
  • heliumHelium (HNT) $ 2.54
  • compound-governance-tokenCompound (COMP) $ 50.83
  • staked-hypeStaked HYPE (STHYPE) $ 37.24
  • kavaKava (KAVA) $ 0.408753
  • beldexBeldex (BDX) $ 0.061459
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.170013
  • based-brettBrett (BRETT) $ 0.043620
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999799
  • usddUSDD (USDD) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,550.93
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.93
  • ripple-usdRipple USD (RLUSD) $ 0.999976
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • apenftAPENFT (NFT) $ 0.00000041
  • usdbUSDB (USDB) $ 0.995501
  • dydx-chaindYdX (DYDX) $ 0.511624
  • neoNEO (NEO) $ 5.67
  • elrond-erd-2MultiversX (EGLD) $ 13.87
  • morphoMorpho (MORPHO) $ 1.27
  • stader-ethxStader ETHx (ETHX) $ 2,712.75
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999329
  • aioz-networkAIOZ Network (AIOZ) $ 0.327885
  • ecasheCash (XEC) $ 0.000020
  • grassGrass (GRASS) $ 1.34
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006626
  • ether-fiEther.fi (ETHFI) $ 1.02
  • telcoinTelcoin (TEL) $ 0.004149
  • starknetStarknet (STRK) $ 0.113319
  • ketKet (KET) $ 0.375337
  • conflux-tokenConflux (CFX) $ 0.073510
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • eosEOS (EOS) $ 0.514752
  • eigenlayerEigenlayer (EIGEN) $ 1.20
  • axelarAxelar (AXL) $ 0.373895
  • arweaveArweave (AR) $ 5.43
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,811.21
  • zebec-networkZebec Network (ZBCN) $ 0.004091
  • mog-coinMog Coin (MOG) $ 0.00000089

Holding 1.8M XRP to Turn Into $10M: Here’s How

0 13

Holding 1.8M XRP to Turn Into $10M: Here’s How

A veteran crypto trader has revealed a substantial XRP position, indicating his bullish stance toward XRP, as he anticipates his holdings will reach $10 million.

This disclosure, which came from pseudonymous market participant Crypto Beast, emerges at a time when XRP is struggling to maintain its footing above the $2 mark. Despite losing the $2.2 support this week, XRP has observed a recovery push, now trading at $2.17.

Amid the growing uncertainty, Crypto Beast remains unfazed. He confirmed in his latest commentary that he never sold his XRP tokens. The trader made this decision to HODL despite buying XRP before its November 2024 upsurge.

Trader Anticipates His XRP Position to Hit $10M

Data from an accompanying graphic confirms that Crypto Beast holds 1,832,844 (1.83 million) XRP tokens. Interestingly, he purchased these assets at an average net cost of $0.836, confirming that the purchase occurred before November 2024.

Now, despite XRP soaring beyond $3 to a new seven-year peak in mid-January, Crypto Beast held onto his tokens, stressing that he never sold. At the time of his disclosure, the tokens, which he procured for a total of $1.532 million, were worth $3.915 million, presenting returns of $2.382 million.

Holding 1.8M XRP to Turn Into $10M: Here’s How

XRP Position by Crypto Beast

This indicates that XRP traded for $2.13 when he made his disclosure. Crypto Beast confirmed that the reason he has not sold despite seeing over $2 million in profit is that he has a higher target, which he expects XRP to push toward.

According to the trader, his target for his XRP investment is $10 million. Specifically, for the 1.832 million XRP holding to reach this worth, the XRP price would need to soar to $5.45. This would mark a meager 151% increase from the current price of $2.17. Crypto Beast promised to keep his audience updated on the position.

The Appeal of Simply HODLing

Notably, the investment holds no risk of liquidation, as the trader maintains it on the spot market. As a result, even if XRP collapses to $1, he has the option of HODLing through the storm until the asset appreciates to his upside target. The only requirement for such a position is patience.

This is in contrast to the leveraged positions held by other experienced traders such as James Wynn, who recently lost $100 million in the Bitcoin futures market. For the uninitiated, James Wynn, renowned for turning a $7,000 PEPE investment into $25 million, recently revealed his high-leverage Bitcoin trade on Hyperliquid.

However, the market liquidated the $1.25 billion long position when Bitcoin (BTC) saw a rapid decline after hitting the $112K all-time high. This resulted in a $100 million loss for the trader. Days later, he lost $25 million on another Bitcoin long position.

These events indicate how, despite their promise of greater returns on smaller price movements, leveraged positions can lead to catastrophic losses if price action does not favor the trader. This is not the case for Crypto Beast’s position, which simply involves patience during a downturn.

XRP community commentators have charged investors to take a page from this playbook. For instance, Edoardo Farina has advised that market participants purchase just 10,000 XRP and hold for the long haul. He expects prices to soar to levels that could make these 10,000 tokens worth a fortune.

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