Whales Boost XRP Surge by Purchasing 110 Million Tokens—Could a 500% Increase Follow?

Over the last five days, significant XRP investors with holdings ranging from 10 million to 1.523 million tokens have accumulated an additional 110 million XRP. Although the price has decreased by 0.5% in the past day, this accumulation is being closely observed as it mirrors trends seen during the rally of 25.5. Recently, Ripple’s XRP has experienced a decline of almost 211.05% over the week and is now trading at approximately $24.30. Even though the price has declined, large investors are not retreating. They’re making a purchase. Recent on-chain data indicates that significant XRP holders have been stealthily increasing their holdings. Over the last five days, these whales have acquired 21.16 million XRP tokens. Analysts are beginning to observe this situation, indicating that it might be early indicators of a trend reminiscent of the one observed at 24.62, which came before a substantial price surge of 2102.76%. This accumulation is particularly linked to addresses that possess between 102.76 million and 224 million XRP tokens. The total holdings of these wallets have risen from 20.9558 billion to 20.9558 billion XRP. Consistent purchasing during a consolidation phase frequently suggests that a breakout could be imminent, potentially leading to a significant rally. In 2024, XRP showed remarkable performance. The token increased by around 238.4% and ended the year at a price of $2.09.