XRP Whales Scoop Up 190M Tokens During Steep Weekly Price Drop - Crypto Economy

During the past week, whales accumulated 190 million XRP amid a broad market decline, according to crypto analyst Ali Martinez. At the current price of $1.35 per unit, that volume is equivalent to approximately $256.5 million.

One of the most striking transactions occurred when an unknown address acquired more than $35 million in tokens in under an hour, through a bot that executed 156 identical purchases of 10,000 units each. This type of operation is typically interpreted as strategic positioning at prices considered attractive by the market.


According to Santiment data, 32,054 wallets each hold more than 100,000 XRP, indicating a strong and growing concentration of capital among large holders. At the same time, XRP spot ETFs recorded net inflows of $2.6 million for the week, although March as a whole accumulated total outflows of approximately $28 million. The token’s price hovers around $1.35, posting a 1.2% gain over the past 24 hours, with trading volume surging more than 81%.

Source: https://x.com/alicharts/status/2038587544267346231

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