XRP Whale Traders Hit All-Time High: What Does It Mean?
Accumulation of XRP by whales persists despite the cryptocurrency's price remaining below previous peak levels. According to data from Santiment on May 13, the XRP Ledger currently boasts a record 332,230 wallets holding a minimum of 10,000 XRP each. This marks a significant increase from the figures observed in June 2024, indicating a consistent pattern of accumulation among major holders. The growth in mid-to-large XRP wallets signifies a growing confidence among long-term investors rather than short-term speculators. The trend highlights the continued interest of larger holders in increasing their exposure to XRP amid market volatility.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
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