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Ripple’s XRP Whales Bet On $5 XRP Price In May As Bulls Eye New Monthly Peak

  • XRP holders are optimistic about a $5 monthly peak following a price surge fueled by institutional accumulation and retail interest.
  • Recent on-chain data indicates large XRP purchases by whales, with institutional inflows expected to reach monthly peaks post-April.
  • In the last 30 days, XRP whales have amassed over $880 million worth of assets, contributing to the price surge.
  • Factors such as institutional accumulation, global partnerships, anticipation of a spot ETF product, and positive sentiment from SEC settlement filing are driving XRP price towards a potential $5 target.

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