Ripple Whale Activity Fuels XRP Surge: Insights into Recent Market Movements

XRP price experienced a significant surge over the past week, climbing over 12% and reaching a new all-time high. This rise has sparked attention from Ripple whales who have been actively moving substantial amounts of coins, potentially contributing to both the upward movement and selling pressure. Analyst Ali Martinez highlights the considerable whale activity in recent days, with reports indicating a redistribution of 460 million XRP coins. While this move could signal a potential market correction or strategic repositioning by large investors, it has also sparked discussions about the asset’s future trajectory.