Despite the dominance of Bitcoin in news cycles and speculation surrounding US government reserves, XRP whales demonstrated their confidence by accumulating nearly 900 million XRP tokens throughout April. This activity occurred against a backdrop of market uncertainty and regulatory noise surrounding the cryptocurrency sector. While many in the community focused on Bitcoin narratives, XRP saw a significant price rebound to $2.20 after dipping to $1.60, driven by strong buying from these whales, signaling long-term optimism. The XRP funding rate flipped positive on May 1st, indicating bullish sentiment in futures trading, further bolstering the market’s confidence.