On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar to what the asset witnessed last month. The indicator of interest here is the “Age Consumed,” which shows “the amount of tokens changing addresses on a certain date, multiplied by the time since they last…
XRP Forms On-Chain Signal That Led To 16% Crash Last Time
