Significant Crypto Inflows Follow U.S. Strategy Announcement
Crypto Market Movements Post U.S. Announcement
Major Crypto Movements Following U.S. Reserve Announcement
Exchanges experienced a significant influx of cryptocurrency shortly after U.S. President Donald Trump declared the inclusion of assets in a national crypto reserve strategy. This approach appears to have led to price corrections following an initial surge.
According to a report by CryptoQuant, the hours following Trump’s announcement saw inflows of up to 193 million XRP. This activity was predominantly driven by large holders, commonly called whales, who executed transactions involving 1 million or more XRP.