Ripple Price Accelerates Amid Heavy Whale Accumulation and ETF Inflows
Ripple's price has accelerated gains in recent days, driven by heavy accumulation from large whale investors and inflows into exchange-traded funds.
According to Santiment, wallets holding between 100 million and 1 billion XRP have increased their risk exposure since late July, now accounting for roughly 14% of the total supply.
This trend is mirrored in the accumulation from whale cohorts holding between 10 million and 100 million tokens, which now accounts for 18% of the total supply.
The remittance token has also seen a notable jump in spot ETF inflows to $20 million on Tuesday, following muted activity the day before and $44,000 in outflows last Friday.