Are XRP whales ignoring market trends? Here’s what data says- #Dyor
Large ripple whales move to new locations
After hitting a high of more than $0.7 and then falling to about $0.6, #ripple XRP has been in this range.
Supply distribution on Santiment indicates that whale numbers have continued to rise despite this.
With a fall around December 13, the chart displayed the recent accumulation of 10 million to 100 million $XRP tokens by #Whales .
Even though there are currently 189 wallets in this category—a tiny decline from the 184 that were noted around December 13—this still represents a minor increase.
This may indicate that these significant holders are increasing their holdings in Ripple, which is regarded as a bullish indication that a price increase is imminent. #XRP #cryptoniteuae