📉 Santiment data shows that XRP accumulation is increasing while the number of tokens on exchanges continues to decline. Over the past 30 days, 20 new “whales” have accumulated between 1 and 10 million XRP. There are currently 1583 such wallets.

The number of “whale” transactions worth at least $100,000 in XRP increased by 208% in a day. Despite the activity of the whales, the price of XRP continues to consolidate, trading at $0.478.

The daily trading volume of XRP increased by 42%, reaching $770 million. The supply of XRP to exchanges increased from 58.66 million to 76 million tokens per day. At the same time, the number of XRP leaving exchanges increased by 564% - from 11.01 million to 73.14 million tokens.

The constant decrease in the supply of XRP on exchanges since January 30 indicates the accumulation of cryptocurrency by new holders.