Whales Accumulate XRP and Bitcoin Amid Market Uncertainty
The largest holders of XRP and Bitcoin are quietly accumulating tokens while the market remains depressed.
On-chain data shows that large wallets on both cryptocurrencies have been increasing their exposure in recent weeks, with many buying at or around key psychological support levels.
This type of behavior is often seen before market recoveries, as whales tend to buy when retail investors are selling and capitulating.
Despite these encouraging signs, the technical reading remains cautious, with a 'death cross' still active on XRP's daily chart and resistance levels holding back any sustained recovery attempt.