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XRP Whale Activity Surges as 300,000+ Wallets Now Hold 10,000+ Tokens
By: coindoo|2025/05/06 19:45:01
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This signals growing interest and long-term conviction from large holders, even as the market trades sideways.Whales Accumulate $1.8 Billion in XRP in 30 DaysOver the past month, whales have amassed 900 million XRP, valued at roughly $1.8 billion. This spike in accumulation activity comes amid relatively stable price action, suggesting that major investors are positioning themselves ahead of a potential move.Chart Signals: Price Flat, Wallet Growth RisingThe chart shows a strong divergence between wallet count and price:The green line (number of addresses with ≥10k XRP) has been on a steady upward trajectory, breaking above 300k in May 2025.Meanwhile, the black line (XRP price in USD) has remained relatively flat in the $2–$3 range since February 2025. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: How Much Has MicroStrategy Gained Since Adopting the Bitcoin Standard? This divergence is often viewed as a bullish signal, where accumulation continues even without immediate price gains—potentially indicating confidence in a breakout once broader market conditions align.Why It Matters for XRPRising address count and whale accumulation suggest XRP’s ownership base is maturing, with tokens consolidating in stronger hands. If demand increases while this accumulation trend continues, supply constraints could fuel significant upside momentum.The post XRP Whale Activity Surges as 300,000+ Wallets Now Hold 10,000+ Tokens appeared first on Coindoo.
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