- XRP price spikes to $2.39, a 7-week high
- Whale wallets now control over 47.32B XRP
- Number of large holders reaches 2,742 addresses
XRP has made a significant move, climbing to $2.39—its highest price in the last seven weeks. This bullish momentum has caught the attention of the crypto market, signaling renewed investor interest in the Ripple-backed token. The rally appears to be backed by strong accumulation trends, especially among high-value holders.
This price surge is notable amid relatively quiet activity from the broader altcoin market. As trading volumes rise and social sentiment improves, XRP is regaining momentum as one of the top-performing digital assets this week.
Whale Wallets Accumulating XRP
Behind the scenes, XRP’s whales are making big moves. Data shows that 2,742 wallets now hold more than 1 million XRP each. Together, these whale wallets control a massive 47.32 billion XRP, edging close to their all-time high in holdings. This level of accumulation suggests that large investors have strong confidence in XRP’s long-term potential.
Such whale activity often indicates strategic positioning ahead of significant developments, such as legal resolutions, institutional partnerships, or network upgrades. With nearly half the circulating supply in the hands of whales, their influence on price action is more prominent than ever.
What This Means for XRP’s Future
As XRP gains upward momentum, the surge in whale holdings could indicate a strong base for further price gains. Market watchers are now keeping a close eye on whether this trend continues and whether it can fuel a sustained rally toward new highs. If the current buying pressure holds, XRP could be entering a new bullish phase backed by whale confidence.
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