XRP Whales Are Going Crazy! Million-Level Holders Soar to Historical New Highs, Is This Wave Really Taking Off?
Although XRP has recently been hovering around 2.2, off-chain activities are heating up:
The number of wallets holding over 1 million XRP has reached a historical high: 2,850!
Not only that, since the beginning of the year, the number of wallets holding more than 10,000 XRP has grown by 6.2%, surpassing 300,000—these whales are indeed quietly increasing their positions, a typical big player "silently doing big things."
Even more impressive:
Last week, XRP sales exceeded 915 million USD, and whales swept up 420 million coins.
There have even been several large transactions: 58 million USD transferred to Coinbase, and Ripple itself sent out 439 million USD to an anonymous wallet.
Exchange reserves are declining, which looks like a signal for funds entering the market, but experts also remind us: the data needs to be interpreted carefully, not every transfer out means a new purchase; it could be "internal vehicle relocation."
However, from the trading volume perspective, XRP is indeed heating up:
In a short time, the trading volume surged by 4 times, with prices peaking at 2.23 USD, finally stabilizing around 2.20 USD.
Retail investors are also not idle, **Google searches for "XRP to 3 USD" are surging,** many people are starting to bet on a big market in July-September.
If there is substantial progress in the lawsuit between Ripple and the SEC, it will be a catalyst that directly rockets XRP.
Some are calling out: target range 3-5 USD, this is not a dream, the key is whether this wave of whales is really driving up the price or if it's the last wave of confusing behavior.
Do you think this time XRP can take us flying? Share your thoughts in the comments section.
