The crypto market recently experienced a sell-off that led to significant liquidations, with XRP dropping below $3. However, XRP quickly bounced back, rising by 17% and reclaiming $3.10. This recovery was driven by whale wallets, which purchased around 120 million XRP during the dip, increasing their combined holdings to 10.41 billion XRP worth $360 million. This whale behavior suggests growing confidence in XRP's longer-term potential. However, it is unclear whether this rebound is a temporary bounce or the start of a full-blown rally. The continued accumulation of XRP by whales during future dips will provide further insights into the market's direction. Despite the overall uncertainty, XRP's recovery offers some optimism, indicating that big players are monitoring the market closely and making moves when opportunities arise.



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