I found it interesting that XRP whales have been actively accumulating coins in recent days. Over nine days, large investors increased their balances by more than 120 million tokens, reaching a peak of 11.21 billion. It seems that institutional players are returning to the XRP market with serious appetite.



Data shows that spot funds in the US received about 2.66 million tokens last week, and total XRP investment products registered inflows of $15.8 million. This is already intriguing — investors are clearly seeing something in this asset, especially since Bitcoin and Solana experienced outflows during the same period. The total value of assets in XRP products is now around $2.3 billion.

All of this happened while the price dropped 6% to $1.347, but in recent days, a potential reversal has begun. On the 4-hour chart, a possible double bottom and bearish RSI divergence are visible — classic reversal signals. It will be interesting to see if investors continue accumulating at the current price around $1.40.
XRP-1.66%
BTC-0.95%
SOL-1.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments