XRP Soars 20% as Major Holders Accumulate 300M Tokens in Four Days
XRP surged over 20% to reach $1.16 as major holders accumulated over 300 million tokens in just four days, fueled by a combination of widespread crypto market momentum and positive regulatory signals from Washington.
The accumulation wave propelled XRP beyond resistance markers at $1.05, $1.10, and $1.15, with large holders scooping up more than 300 million tokens across 96 hours, according to blockchain analytics from Ali Charts.
Crypto markets saw over $1.5 billion in short position liquidations, amplifying XRP's upward movement, while XRP-based ETFs reported positive net inflows, with Bitwise and Franklin Templeton at the forefront.
The surge coincided with a wider cryptocurrency market resurgence, with Bitcoin advancing 11% to momentarily reach $71,500, its highest valuation in 80 days.