Whales Accelerate XRP Accumulation, Price Predicted to Explode to $10

XRP has surged to a 7-week high of $2.39 as Ripple whales intensify accumulation. Analysts forecast a potential breakout, with the token possibly reaching $10 in the near future.

XRP has recently recorded an impressive rally, reaching a 7-week high of $2.39, driven by intensified accumulation from Ripple whale wallets. Analysts predict the token is entering a breakout phase, with the potential to hit double digits in the near future.

Ripple Whales Accumulate Aggressively as XRP Breaks Above $2.39

According to on-chain data from Santiment, the number of wallets holding more than 1 million XRP has now increased to 2,742, just shy of the all-time high set the day before. These whales collectively hold over 47.32 billion XRP — a strong indication of long-term confidence in the token’s potential.

Notably, large-scale transactions are ramping up. Recently, 25.5 million XRP, worth over $60 million, was transferred from an unknown wallet to Coinbase. In another major move, Whale Alert reported that Ripple sent 200 million XRP (around $477 million) to an unidentified address, sparking speculation of strategic developments ahead.

XRP Nears Historic Quarterly Close with Strong Fundamentals

XRP just posted its highest quarterly candle ever, reinforcing its bullish outlook. This rally is backed by several strong fundamental factors, both market-wide and project-specific.