$XRP

Analysts have observed notable activity from 'whale' wallets in the XRP market, as the number of addresses holding more than 10,000 XRP has surpassed 300,000 wallets, indicating a quiet accumulation wave that may pave the way for significant price movements.

Analysts suggest that these movements are being executed through well-planned institutional buying strategies, as the market awaits the launch of a Spot ETF specifically for XRP, especially after Ripple's settlement with the SEC for $50 million.

Despite the strong performance of the currency in the first quarter of the year, prices are still moving within a narrow range, opening the door for speculation about a potential breakout if critical technical levels are breached. Do the whales know something that the rest of the market does not?