XRP Whale Accumulation Surges Near $1.40, Fuels Bullish Outlook
XRP whale accumulation has rebounded near $1.40, indicating easing selling pressure from large holders after turning negative in late August.
The average daily outflow of about 3 million XRP decreased significantly in September, suggesting that whales are accumulating the asset again.
Daily XRP Ledger transactions remained above 2 million, reflecting stable network activity, while futures open interest reached $3.13 billion, indicating increased market participation and interest.