XRP Whales Reach Seven-Year High Despite Fewer Addresses

Despite fewer XRP holders, the total amount held by whales has reached a seven-year high of 48 billion XRP. This accumulation comes as XRP’s price drops, but analysts attribute it to strategic buying and confidence among institutional investors. On-chain data from Santiment shows this significant shift in whale holdings. The accumulated XRP suggests potential market stabilization and future price stability.