XPL, Not XRP: Why Are Whales Shoveling Ripple's Rival?
Published 1 month ago
Oct 1, 2025 at 8:54 AM
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An unknown whale is taking risks on the cryptocurrency market — but not with XRP. Instead, whales' attention is focused on Plasma, a layer-1 blockchain designed for stablecoin payments worldwide. After depositing 31.52 million USDC into Hyperliquid just 10 hours ago, the whale has since bought 29.27 million XPL, which is approximately $31.13 million.