XRP is experiencing a bullish rally, nearing a seven-year high. Over the past 24 hours, XRP's price has surged by approximately 14%, outperforming its competitors like Solana, Ethereum, and Binance Coin. This surge in price follows a significant increase in on-chain metrics, particularly from whales. Whales holding between 1 million and 10 million XRP have added an additional $3.8 billion to the market, resulting in a 37% increase in their XRP holdings compared to two months ago. Market data also confirms increased whale accumulation, with deep-pocket investors buying 1.09 billion XRP in the past seven days alone. These whales see this as an opportunity to buy at a discount and consolidate their holdings, contributing to the recent price momentum. XRP whale transactions have also increased significantly during this period.



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