Chad

Prominent crypto expert Chad Steingraber has sparked widespread attention on X with his observations regarding recent XRP activity. Steingraber highlighted significant inflows into XRP via two charts.
In his <a href="https://x.com/ChadSteingraber/status/1865425359463727299?t=LoLdVF2PuA9UYW0Gvw7oTQ&amp;s=19" rel="noopener noreferrer nofollow">post</a> on December 7, Steingraber shared a chart marked with real-time data, captioned: “XRP Inflows by the Minute flooding in!” The chart reveals a sharp rise in net inflows triggered by a massive price increase.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 XRP Inflows by the Minute flooding in! <a href="https://t.co/t1sOZvJLHg" rel="noopener noreferrer nofollow">pic.twitter.com/t1sOZvJLHg</a>
 — Chad Steingraber (@ChadSteingraber) <a href="https://twitter.com/ChadSteingraber/status/1865425359463727299?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 7, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Steingraber’s chart indicates heightened interest and capital movement into XRP, signaling robust demand for the asset during this period.
The analyst followed up with a second <a href="https://x.com/ChadSteingraber/status/1865597614021910861?t=t4ixphavSKlxrZTgfysjNg&amp;s=19" rel="noopener noreferrer nofollow">post</a> on December 8, presenting a broader perspective on XRP’s net inflows over a longer time frame. This post, captioned “ABSOLUTE CARNAGE about to hit XRP,” underscores the escalating scale of net inflows as the price ascended to $2.59.
Steingraber’s chart referenced later data from December 7, showing that the digital asset’s net flow had risen from $878.84 thousand by 10:56 AM to $5.96 million by 9 PM. Steingraber suggests that these inflows could signal further gains for XRP.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@TimesTabloid1</a>
 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="strong-xrp-s-remarkable-performance-strong">XRP’s Remarkable Performance</h2>
These observations come at a time when XRP has crossed the $2 mark for the first time since 2018, a notable milestone for the digital asset, with its price recently reaching a multi-year high of $2.86. XRP has recorded a 20% gain in the past week, reflecting growing investor confidence.
The asset is now trading at $2.58, and this remarkable performance coincides with a transformative period for the cryptocurrency landscape, particularly for XRP and Ripple.
The <a href="https://timestabloid.com/xrp-price-spikes-as-sec-chair-gensler-officially-announces-resignation-date/" rel="noopener noreferrer nofollow">resignation announcement</a> of SEC Chair Gary Gensler, effective January 20, 2025, has created optimism within the crypto community. Gensler’s tenure was marked by regulatory scrutiny, including the ongoing lawsuit against Ripple regarding XRP’s classification as a security.
Adding to the positive sentiment, President-elect Donald Trump has <a href="https://timestabloid.com/when-trumps-choice-as-sec-chair-paul-atkins-spoke-about-ripple-sec-case/" rel="noopener noreferrer nofollow">nominated Paul Atkins</a>, known for his crypto-friendly stance, to succeed Gensler. Atkins’ potential appointment is viewed as a favorable development for the industry, with many anticipating a resolution to Ripple’s lawsuit and similar regulatory challenges.
The massive attention XRP is getting could help it reach much higher targets, and the comments on Steingraber’s post show that the community is excited about the digital asset’s immediate future.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on <a href="https://twitter.com/TimesTabloid1" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.facebook.com/timestabloid/" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://t.me/markettabloid" rel="noopener noreferrer nofollow">Telegram</a>, and <a href="https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJwYldWemRHRmliRzlwWkM1amIyMG9BQVAB?hl=en-US&amp;gl=US&amp;ceid=US%3Aen" rel="noopener noreferrer nofollow">Google News</a>
The post <a href="https://timestabloid.com/xrp-inflows-flooding-in/" rel="noopener noreferrer nofollow">XRP Inflows Flooding In</a> appeared first on <a href="https://timestabloid.com" rel="noopener noreferrer nofollow">Times Tabloid</a>.

XRP Inflows Flooding In

Table of Contents

Times Tabloid

Other articles published on Dec 10, 2024

Top Dogecoin (DOGE) Price Predictions as of Late

Pepeto ICO Hits $2 Million Milestone, Showcasing Strong Community Support

Move Over Shiba Inu: This $0.0011 Solana Memecoin Could Be the Top Performer in 2025

5 Must-Have Altcoins for Investors as the Market Enters a Massive Bull Run!

Turkey Implements New Regulations for Cryptocurrency Trading

Coinbase CEO Slams SEC’s Crenshaw: ‘Complete Failure on Crypto’

Join our free newsletter for daily crypto updates!