XRP Whale Activity Surges as Small Investors Flock Out
Despite recent price struggles, whale wallets holding at least 10,000 XRP have reached an all-time high of 332,230 addresses.
This is according to blockchain data, which shows that these large investors have continued to accumulate XRP even during weak price action.
The number of net positions for whales has also increased, indicating they are building long-term positions rather than waiting for higher prices.
Meanwhile, retail investors continue to sell their holdings, with only 43.4% of XRP's circulating supply remaining in profit.