XRP Whale Accumulation Hints At Stronger Hands Amid Market Downturn
XRP's market capitalization has dropped by 29% over the past three months, but on-chain signals suggest that large holders are quietly accumulating during this downturn.
According to Santiment data, the number of XRP Ledger wallets holding at least 1 million XRP increased by 32 over the same period, despite the market decline.
This divergence has attracted attention as it indicates that some of the network's largest holders may be accumulating while broader market sentiment remains cautious.