XRP Price Struggles at $1.30 Despite Whale Holdings Reaching 4-Year High
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9 Articles
XRP Supply Data Sends a Bullish Signal as Whales Keep Buying
XRP price may still look weak around $1.29, but the supply data underneath the market is telling a different story. Santiment Intelligence says wallets holding at least 10 million XRP now control around 46.87 billion tokens. That represents roughly 68.5% of the supply tracked by this cohort, the highest share since November 2022. The interesting
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🚨 The share of XRP held by large wallets has reached its highest level in four years. 📊 Addresses holding at least 10 million XRP control a total of 46.87 billion tokens. 📉 In the last 24 hours, XRP futures volume has exceeded spot volume by approximately six times. Read More: XRP whales' share reaches its highest level in four years The article "XRP whales' share reaches its highest level in four years" first appeared on COINTURK.
According to Santiment data, wallets holding 10 million and more XRP hold 46.87 billion XRP, or 68.5 percent of circulating supply; this is the highest level since November 2022.
The portfolios with at least 10 million XRPs control 68.5% of the offer, their highest proportion since November 2022, according to Santiment data cited in a report of October 26. The data coexists with a drop in the number of wallets in the range of 10 to 100 million tokens and with XRP entries to exchanges, signals that leave the market attentive to the support levels of USD $1.26 and USD $1.11.
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