Ripple's major announcement about a partnership with BlackRock, one of the world's largest asset managers, has not deterred XRP whales from accumulating more tokens. In fact, this is not the first time such a trend has been observed in recent weeks. According to data, these large investors have been consistently buying XRP, sending a positive signal to the market. The partnership with BlackRock could potentially boost XRP's adoption and liquidity, which might be one reason why these whales are investing in the token. Ripple's announcement comes as the firm continues to expand its reach and services in the financial sector.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
