XRP Whales Fuel Price Rebound Amid Regulatory Clarity
XRP has rebounded in recent trading sessions as on-chain data revealed a significant increase in whale inflows, indicating renewed accumulation by large holders.
According to Santiment's data, whale transactions (over $100,000) increased by 25% over the past week, coinciding with a 7% price rebound from the recent low of $0.48. This correlation suggests that large investors are accumulating XRP rather than distributing it, a pattern often seen before sustained rallies.
The rebound comes amid a mixed cryptocurrency market, with Bitcoin and Ethereum showing modest gains. XRP's relative strength may also be tied to ongoing legal clarity following the SEC lawsuit resolution, which has reduced regulatory overhang. However, traders remain cautious as the broader macroeconomic environment continues to influence digital assets.