XRP Whale Holdings Surge Past 8 Billion Amid Strong Buying Pressure
XRP's whale accumulation has seen a significant boost in the past week, with large-holder holdings reaching 8.13 billion XRP.
This growth comes as the price of XRP remains close to $1, a level that is currently acting as short-term support for the asset.
Data from Santiment shows that despite the flat price, large holders are actively buying XRP, suggesting they expect a move higher in the future.
Analyst Ali Martinez has highlighted a TD Sequential buy signal on XRP's monthly chart, which has appeared before some of XRP's largest price moves over the last six years.