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
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