$XRP

XRP Major Investors Buy More, Others Sell

Between Sunday, December 25, and the time of writing, XRP whales have accumulated $2.17 billion worth of tokens. This massive buying has sparked speculation that the XRP price could be ready to hit a new high with just a few days left before the year ends.

However, amid the buying spree, on-chain data shows that some crypto whales are also selling. What does this mean for the XRP price?

The increased exchange flow suggests mixed activity, with selling pressure slightly offsetting the buying momentum.

A breakout of the bullish flag pattern could push XRP price to $3.50, but heavy whale selling threatens a drop to $1.98.