XRP Whales Load Up on Millions of Coins Amid Price Stability

The XRP price has remained relatively stable at $1.00 over the past 24 hours, down 0.77% according to CoinMarketCap.

This may seem uneventful, but a closer look at on-chain activity reveals that large holders have been buying up XRP in significant quantities.

According to Santiment Intelligence data, whale wallets purchased over 72 million $XRP in the last day alone, with their total holdings rising from 12.05 billion to 12.18 billion.

This accumulation of XRP by whales is a bullish signal, as it suggests that these large holders are positioning themselves for potential price gains.