XRP Whales Accumulate as Price Remains Steady

The price of XRP remains steady at $1.00, down 0.77% over the past 24 hours, according to CoinMarketCap data.

In contrast to the flat pricing, on-chain activity suggests that large holders are buying up XRP in significant amounts.

According to Santiment Intelligence, whale wallets purchased more than 72 million XRP in a single day, with XRP whale holdings climbing across four consecutive tracked periods from 12.05 billion to 12.18 billion XRP.

This accumulation pattern is often seen as a bullish signal, but it's uncertain whether this trend will continue or was just a one-off event.