Major investors in the cryptocurrency market have been focusing attention by making large asset movements in Ripple (XRP), Doge, and Binance Coin (BNB). In particular, BNB is leading the bullish market by recording an all-time high and surpassing the market capitalization of major global brands.
According to blockchain analyst Ali Martinez, large investors have concentrated on buying 1.22 billion XRP in the past week. This amounts to approximately 5.278 trillion won (about $3.8 billion), suggesting the possibility of future price increases due to reduced circulation. He analyzed that "massive capital inflows will trigger a psychological leading effect and increase the likelihood of additional entry by general investors".
Currently, XRP is showing strong volatility, rising to $3.35 on the 14th, then sharply dropping to near $3 due to overall market adjustment, and is currently trading around $3.12. Assessments suggest that upward pressure is still maintained.
Doge is no exception. Over the past week, whales have additionally secured about 20 billion Doge, worth approximately 695 billion won (about $500 million), increasing their total holdings to 27.6 billion. This represents 18.3% of total circulation. Some communities are speculating that this movement could be a preemptive investment based on insider information.
Currently, Doge is trading around $0.23, and some analysts are presenting optimistic forecasts of potentially explosive growth approaching $7. Particularly, trader KALEO mentioned that "Doge is preparing something to surprise the market".
The most eye-catching asset is Binance Coin (BNB). On the 14th, BNB rose to $866, breaking its all-time high and momentarily surpassing a market capitalization of about 166.8 trillion won ($120 billion). This was evaluated as exceeding the value of global brands like Nike and Nintendo.
Currently, BNB is experiencing a slight adjustment and remains around $850, but experts still believe it has significant potential for future growth. Martinez emphasized that "national sovereign wealth funds and large listed companies are holding BNB worth millions of dollars, which is an expression of strong trust". He also predicted a high possibility of BNB breaking $1,000 in the fourth quarter of this year.
XRP, Doge, and BNB are all drawing attention with overlapping factors driving their rise, including whale buying over the past week. Despite short-term adjustment phases, the continued entry of massive capital makes the medium to long-term outlook more positive. Attention is focused on where these market movers will make their next choice.
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