Large XRP holders have accumulated 110 million tokens in the past five days, raising speculation of a potential rally reminiscent of 2024.
Despite a recent 10% price drop, whales continue to buy XRP, with anticipation of a breakout as these major holders add to their stacks.
XRP showed strong performance in 2024, with a 238.4% surge and reaching a six-year high of $2.90, boosted by regulatory approval for RLUSD stablecoin.
Amid bullish predictions for XRP reaching $3 to $7 soon, market signals show mixed trends with a drop in trading volume and slight bearish tilt in the short term sentiment.