Data from Santiment reveals that 85 new XRP Ledger addresses holding at least 1 million XRP emerged just two days before XRP's price surged by 67% between August 17 and 21.
This increase in large wallets preceded the rally, suggesting whale activity might have signaled the price move.
Despite a subsequent price pullback, the number of million-XRP addresses remained elevated, indicating sustained interest from large holders.
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