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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Today, the biggest star in the market, that ancient Whale who had been dormant for seven years, has had astonishing developments after wildly dumping BTC to switch to ETH. In the past hour, he directly staked as much as 269,400 ETH to the beacon chain, worth 1.25 billion USD.
This wave of operations has completely stunned the staking waiting queue of Ethereum, with its staking volume even surpassing that of the Ethereum Foundation. This is not just a simple financial rotation; it is like casting a nuclear-level vote of trust in the future of ETH with real money.
From "selling BTC" to "buying ETH", and then to "staking ETH", the trilogy is completed in one go. He not only has a positive outlook on the price of ETH but also deeply believes in its long-term value as a PoS network. It seems that the entire market's barometer is being stirred by this Whale.