47,320,000,000 XRP Locked In: Here’s What’s Happening?

Key Points

1. XRP price hit a seven-week high of $2.39, a level not seen since May 23.

2. 2,742 wallets hold at least one million XRP, totaling 47.32 billion XRP, just shy of the all-time high of 2,743 wallets.

3. XRP's price increased by 4.31% in 24 hours and 6.53% over seven days, reaching $2.459 in early Thursday trading.

4. Analyst Ali suggests XRP could target $2.60 if bullish momentum continues, potentially opening the door to $3.00 if market sentiment remains positive.

5. Santiment highlights the significance of large wallet accumulation as a sign of confidence in XRP.