Despite a general decline among major cryptocurrencies, XRP saw a significant increase thanks to Grayscale launching a new fund that holds the token in the U.S.
Santiment reported a steep drop in the activity of so-called 'whales', indicating that influential market players are waiting for clear buy signals before investing further.
Even with market stagnation, Bitcoin's recent 6% rise this week marks a potential turnaround, aiming for its largest weekly gain since August.
The notable decrease in transactions over $100,000 reveals a cautious trend among large crypto holders, with Bitcoin and Ethereum showing substantial declines in such activity.
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