The article discusses how large investors or whales have accumulated a significant amount of XRP tokens worth $3 billion, pushing the total holdings of these whales to the highest level since June 2024. Despite positive developments in the Ripple ecosystem, the price of XRP remains rangebound and reflects a bearish bias against it. Technical indicators suggest a bearish sentiment, with XRP's price potentially testing support levels at $1.99 and $1.88. However, if whale accumulation continues, there may be a market-wide resurgence in XRP buying activity that could invalidate this bearish projection and lead to a price rise to $2.45.



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