XRP Whale Buying Spree Hits 380 Million as Resistance Level Looms

XRP whale accumulation has been on the rise as large holders continue to purchase the coin despite its recent price decline. This suggests growing confidence in a possible price reversal as XRP tests important support levels. The $1.06 resistance level remains the primary barrier to a potential breakout.

The price of XRP has remained stable around $1, but the XRP whale is saying something else. They have managed to amass more than 380 million XRP within a week, thus increasing their overall holdings to approximately 8.13 billion XRP.

According to information provided by Santiment, the large holders have been purchasing XRP even when the price seems unable to move. It seems like the XRP whale is buying in anticipation of an increase in price.