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XRP's Price Surge May Have Had Early Warning Sign

Guavy AI Editorial Team
Instruments
XRP
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XRP's recent price surge may have had an early warning sign. According to data from Santiment, 85 new wallets holding at least 1 million XRP tokens appeared two days before the token's August 17-21 rally.

This on-chain increase in large wallets likely absorbed supply and strengthened bids by shifting liquidity faster than retail traders.

The pattern of larger wallets appearing ahead of XRP's price movements has historically signaled market impact and momentum for the token.

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