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Crypto

XRP Whale Wallets Expand Amid Falling Market Cap

Guavy AI Editorial Team
Instruments
XRP
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XRP whale wallets expanded in the past three months despite falling valuations. The number of million-token wallet addresses increased by 32, while the market cap dropped approximately 29% over the same period.

Larger holders of XRP were more willing to absorb price weakness during this time, rather than reducing their exposure as valuations declined.

This accumulation could support recovery later, provided technical conditions also strengthen around current levels. The NVT ratio of XRP has decreased by 4.13% in the last 24 hours and is now at 276.4959.

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