XRP Surges Above $1.15 on Whale Accumulation

XRP has made a significant move above $1.15, backed by increasing whale accumulation.

A recent analysis from KuCoin shows that wallets holding between 100,000 and 100 million XRP have increased their holdings by 2.8% over the past five weeks, indicating a trend of larger investors steadily accumulating the asset.

This breakout is encouraging for traders, but they are also keeping an eye on potential risks, including weaker-than-expected ETF inflows, rising leverage in the derivatives market, and whether buying momentum can be sustained.