Bitcoin holders resume accumulation as XRP’s bold price predictions spark debate
Cryptocurrency markets are showing fresh signs of movement as long-term Bitcoin holders resume accumulation. This shift comes amid ongoing debates about price predictions, particularly for XRP, where one prominent figure has made bold claims. Meanwhile, questions linger over data accuracy after a major wallet reshuffle earlier this year.
Long-term Bitcoin holders (LTH) have begun buying again, pushing their indicator back into the green zone. This trend often signals reduced selling pressure, as the group tends to accumulate during market downturns and sell during peaks. Historical patterns reinforce this behaviour, with LTH typically acting as a stabilising force in volatile periods.
Elsewhere, Kim Younghoon—often dubbed the 'smartest person in the world'—has repeatedly promoted XRP, forecasting a bitcoin price surge above $10 by 2026. He claims gains could exceed 400%, even comparing it favourably to the nasdaq today. Yet scepticism remains, as his earlier prediction of a new all-time high for XRP in 2025 failed to materialise, leaving many observers doubtful. The reliability of market metrics has also come under scrutiny. A Coinbase wallet reshuffle in early 2024 raised concerns about data accuracy, complicating assessments of genuine demand. With year-end dynamics and shifting investor sentiment, further volatility appears likely.
Bitcoin’s long-term holders are now accumulating, which may ease downward pressure. XRP’s future remains contested, with bold predictions clashing against past inaccuracies. As market conditions evolve, the interplay between investor behaviour and data transparency will shape upcoming trends in the stock market today.
