XRP Whales Go on $2.2 Billion Accumulation Spree

Ripple whales have been on an accumulation spree, buying over 1.5 billion XRP tokens in just four days. According to Santiment data, this massive purchase is worth approximately $2.2 billion at current prices.

The buying spree began after the CLARITY Act setback in the US Senate pushed the token's price down sharply. However, the whales' accumulation efforts have helped XRP recover, with the asset surging to over $1.45 on Friday and Saturday after hitting a low of $1.27 on Tuesday.

Martinez believes that this accumulation spree can soon translate into price action, leading to a bullish breakout. He has previously predicted that XRP is primed to challenge the key psychological level at $2.00.