$XRP
🚨 XRP Price Consolidations as Whales Scoop 110M Tokens 🚨
On-chain data shows that whales are currently in an accumulation phase as XRP price stalls within the $2.30 range. In the last five days, the addresses holding between 10 million and 100 million XRP tokens have increased their holdings from 7.56 billion to 7.67 billion. The data shows that these addresses have steadily purchased 110M XRP in less than a week, which is a sign of bull positioning as they anticipate a boost in xrp’s value.
Looking at the historical patterns, whales tend to start accumulating shortly before the price makes a strong rebound. Their current behaviour suggests that the price is about to make a bullish breakout from consolidation and possibly rally higher.
