XRP Price Surges as Whales Add $2.2B Ahead of Crucial Resistance Zone
XRP's price has surged after large holders increased their balances by approximately $2.2 billion, according to recent data.
This accumulation of XRP tokens occurred over a 96-hour period between September 16 and 19, with the biggest increase happening on September 16-17.
The price of XRP has subsequently risen by 8.22% in three days, surpassing the $1.50 mark.
XRP is now moving into a region with high supply concentrations, particularly around the $1.60 level, where approximately 2.5 billion tokens previously changed hands.