Over the past 10 days, XRP whales have increased their holdings by 470 million tokens, which is worth about $300 million. According to analytics platform Santiment, this significant increase occurred when XRP was trading at around $0.58.

A group of wallets holding between 100 million and 1 billion XRP have been actively adding to their holdings, suggesting that large investors are finding this price level attractive to buy. The current price of $XRP is $0.631, up 8% from last week.

XRP maintains its 7th place by market cap, which currently stands at over $35 billion. There are 56.5 billion tokens in circulation, and the maximum supply is 100 billion coins.

Whale behavior has a significant impact on the market, as large movements of funds in their wallets can serve as an indicator of market sentiment. If whales continue to increase their holdings, this will be a bullish signal for XRP, indicating further growth. However, if they start taking profits, this could lead to a decrease in the asset’s price.

In the near future, it is worth closely monitoring the actions of large investors, since their behavior may influence the further dynamics of the rate #XRP