XRP Price Dips Below $1, Large Holders Accumulate Over 72M Tokens
XRP's price has been hovering around $1.01 after dipping below the $1 threshold for the first time since November 2024.
Large holders have taken advantage of this dip, accumulating over 72 million XRP tokens within a 24-hour window.
This accumulation pattern has raised questions about whether these major players are establishing positions ahead of a potential bullish reversal, as highlighted by market analyst Ali Martinez.
Institutional participants have re-entered the market, with XRP ETF flows reversing course to register $2.25 million in positive daily net inflows after a four-day period of zero activity.