Markets.News
Accumulation of XRP by whales persists despite the cryptocurrency's price remaining below previous peak levels. According to data from Santiment on May 13, the XRP Ledger currently boasts a record 332,230 wallets holding a minimum of 10,000 XRP each. This marks a significant increase from the figures observed in June 2024, indicating a consistent pattern of accumulation among major holders. The growth in mid-to-large XRP wallets signifies a growing confidence among long-term investors rather than short-term speculators. The trend highlights the continued interest of larger holders in increasing their exposure to XRP amid market volatility.