XRP Whales Accumulate 72 Million Amid Price Drop

XRP price has been hovering around $1, but whale activity suggests that large holders are treating the current weakness as an opportunity to buy.

Ali Martinez reported that whales bought over 72 million XRP in just 24 hours, indicating that some big investors are taking advantage of the recent price decline.

The accumulation is not a one-day event; Santiment data shows that wallets holding at least 1 million XRP have increased by 32% over the past three months to around 2,033.

This trend suggests that XRP's existing user base is becoming more active despite the price decline. However, new addresses remain almost flat at around 2,260 daily.