XRP Bulls Accumulate as Whales Pile In, Holding Above Key Support
Recent activity on the XRP Ledger shows that whale investors have been quietly accumulating large amounts of XRP, potentially setting the stage for a significant price boost. Over the past week, whale addresses holding between 100 million and 1 billion coins added a total of 1.34 billion XRP valued at over $3.26 billion.
While some speculated this buying was linked to XRP’s inclusion in the US Crypto Reserve, it appears that these large holders are simply taking advantage of low prices, anticipating further gains. Despite an 18% drop on Monday, the whales did not sell, indicating strong confidence in the asset’s long-term potential.