Whales are increasing their XRP holdings as the market momentum rises, with the price stabilizing around $2.14.
Over 300,000 wallets now hold more than 10,000 XRP, showing a rise in large-scale holdings, especially those with holdings between 100 million and 1 billion XRP.
Whales are positioning themselves ahead of potential market developments like XRP futures ETFs launch and discussions about XRP's role in institutional portfolios.
This accumulation trend by whales suggests strategic moves in anticipation of future demand and price appreciation, making XRP a token to watch in the coming months amid the broader cryptocurrency market's recovery.