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Coindoo

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Whales Load Up on XRP as Market Momentum Builds

  • 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.

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