- XRP whales accumulated $915 million in a week, while new user growth hit a two-month low.
- Technicals show mild bullish momentum, but low trading volume could stall any major rebound.
While retail traders step back, Ripple’s [XRP] largest holders are stepping in.
In just one week, whale wallets have accumulated over $915 million worth of XRP, one of the most aggressive buying streaks in recent months.
Meanwhile, new user activity has dropped to a two-month low, highlighting growing fatigue among retail participants.
Are these whales anticipating a major move on the horizon—or simply taking a high-stakes risk?
While the crowds wait, whales actXRP whales appear unfazed by recent market turbulence.
Over the past week, wallets holding between 10 million and 100 million XRP added more than 420 million tokens, worth over $915 million, despite prices dipping to a local low.
Whale accumulation spiked even as price slumped, so the possibility of strategic positioning ahead of a potential rebound isn’t far off.
While whales ramp up their holdings, retail participation is heading in the opposite direction.
According to Glassnode data, the number of new XRP addresses dropped sharply last week, hitting its lowest level since mid-April.