XRP’s 'very positive sign’ — Whales soar to new highs as price jumps 10%
2025-07-12 02:13:56
Main Idea
The number of XRP whales has reached an all-time high, coinciding with a significant price surge, indicating strong market confidence in XRP.
Key Points
1. The number of crypto wallets holding at least 1 million XRP tokens has surged to a new all-time high of 2,743.
2. XRP whales currently hold 47.32 billion XRP tokens, reflecting increased accumulation by large holders.
3. XRP's price has surged 26% over the past seven days and 10% in the last 24 hours, reaching $2.80.
4. The recent rally in XRP is part of a broader altcoin season, with Bitcoin and Ether also experiencing significant gains.
5. The surge in XRP's price has wiped out $31.44 million in short positions, indicating strong bullish momentum.
Description
Santiment data shows the number of XRP whales has just hit an all-time high as the price of XRP continues to rally.
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