XRP Whale Accumulation: $1.8B in 30 Days Sparks Price Optimism

A recent surge of $1.8 billion worth of XRP tokens into the hands of large holders (whales) has triggered speculation and discussion among cryptocurrency analysts. According to crypto analyst Xaif, who shared the news on X, these massive accumulations in wallets holding between 10 million to 100 million XRP have occurred over a 30-day period. This activity is raising questions about the potential implications for XRP’s future price movements. The growing confidence in XRP stems from several factors, including the ongoing legal challenges facing Ripple Labs and recent positive developments within the ecosystem, such as Ripple’s acquisition of Hidden Road, which could increase liquidity and adoption. %