Recently, significant XRP ($2.19) purchases by Ripple 
$3 whales indicate a growing interest in XRP within the market. This development reflects long-term confidence among traders despite a brief pullback in XRP’s value. Additionally, Ripple CEO Brad Garlinghouse’s interview with 60 Minutes regarding crypto regulations in the US is noteworthy.
Whales’ Major Purchases and Market Expectations
XRP approaches the $2.9 mark this week, signaling a strong rally. However, like other traditional and digital assets, XRP has experienced some pullbacks. Over the past 24 hours, the cryptocurrency fell from $2.9 to $2.2, indicating traders are taking a pause.
“When the XRP price dropped to $2.2, Ripple whales seized the opportunity to purchase over 120 million XRP.” – Ali Martinez
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