XRP Whale Holdings Reach New High Amid Price Rally and Growing Market Optimism
2025-07-12 02:25:30
Main Idea
XRP whale holdings have reached a new high amid a 26% price rally, with 47.32 billion XRP held by major holders, signaling strong accumulation during an altcoin season surge.
Key Points
1. XRP whale holdings hit an all-time high with 47.32 billion XRP held by 2,743 major wallets.
2. XRP's price surged 26% in seven days, trading near $2.80 amid a broader altcoin season.
3. The rally follows a prolonged consolidation phase where XRP traded between $1.90 and $2.90 for nearly 200 days.
4. Bitcoin's stability above $110,000 has supported the altcoin rally, with Ether also gaining 17.51% weekly.
5. Increased whale activity suggests strong market confidence but warrants caution due to potential volatility.
Description
The number of XRP whales has reached an unprecedented peak, signaling growing institutional interest amid a strong price rally. Recent data reveals that wallets holding over 1 million XRP tokens
Latest News
- Upexi Secures $200M Funding to Potentially Expand Solana Reserve Amid Strategic Treasury Plans2025-07-12 06:17:36
- Bitcoin Could Be the Top Global Currency in 2025, Suggests Bank of America Report2025-07-12 05:54:26
- Ripple’s RLUSD Stablecoin May Expand Blockchain-Based Drought Insurance for Kenyan Pastoralists2025-07-12 05:22:18
- Crypto Analyst Suggests Altcoins Could Surge More If Bitcoin Dominance Drops to 45%2025-07-12 05:21:52
- Ethereum ETFs Could See Continued Inflows as Institutional Demand Drives Market Interest2025-07-12 05:09:55