XRP Rebounds on Whale Inflows: Large Holders Snap Up Cryptocurrency
XRP has rebounded in recent trading sessions due to increased whale inflows, according to data from Santiment. Whale transactions exceeding $100,000 rose by 25% over the past week, coinciding with a 7% price increase from its recent low of $0.48.
The correlation between whale inflows and XRP's price action suggests that large holders are accumulating rather than distributing, a pattern often seen before sustained rallies.
The rebound comes amid a mixed cryptocurrency market, with Bitcoin and Ethereum showing modest gains. XRP's relative strength may also be tied to ongoing legal clarity following the SEC lawsuit resolution, which has reduced regulatory overhang.