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XRP News: 40M Coins Purchased by Ripple Whales, Could $3.5 Price Be Achievable?

  • Positive sentiment around XRP is bolstered by regulatory speculation and potential approval of an XRP ETF.
  • Reports suggest that 40 million XRP tokens have been purchased by Ripple whales during the recent price drop, indicating accumulation of the altcoin.
  • Despite fluctuations, XRP's price recovered by 6% to reach $2.31 with a significant increase in XRP futures open interest.
  • Regulatory developments, including the assumption of office by Donald Trump and the listing of RLUSD stablecoin on Independent Reserve exchange, contribute to the positive sentiment surrounding XRP's future.

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