Is Giant Whale Diving XRP an persistence of faith or a capture of opportunities?

According to the latest report from Santiment, an authoritative blockchain data analysis organization, the proportion of whale accounts holding more than 1 billion XRP has climbed from nearly 40% in mid-June to the current 42%. This is significant. The growth is undoubtedly a strong vote for XRP’s future development potential. The hoarding behavior of the giant whales not only demonstrates their deep understanding of the value of XRP, but also reveals their keen insight into seizing low-level buying opportunities during the market downturn.

In addition to the movements of giant whales, on-chain research also revealed another important dimension of XRP trends - long-term dormant circulation. This indicator focuses on tokens that are stored for long periods of time and rarely move around, and its performance is particularly eye-catching.

xrp The sluggish long-term dormant circulation sends us a positive signal: long-term holders are not eager to sell, they choose to stick to their positions. This is undoubtedly a firm optimism for Ripple's long-term development prospects, and the fact that it is not stable at the current price. A sign of willingness to give up profits easily.

This phenomenon of low dormant circulation is actually a big plus. Long-term investors are holding on to XRP, which not only helps stabilize the price base and prevent it from falling further, but also lays a solid foundation for subsequent price increases.

Looking at technical analysis, XRP supporters have more reasons to be optimistic. The momentum indicator RSI shows that XRP is currently in an oversold state, which often indicates that the price is about to rebound, bringing new hope to investors.

In view of the recent active activities of giant whales, we have reason to believe that the price of XRP may stabilize around this point, and may even launch an impact towards $0.45. In this volatile cryptocurrency market, long-term adherents of XRP are waiting for the flowers to bloom with their patience and faith.

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