XRP surges to 7-year high above $3 as whales accumulate $3.8B – What’s next?

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AMB Crypto 9 months ago 153

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  • XRP ($2.24)’s breakout rally pushed the altcoin towards its 2021 high. 
  • Massive whale interest triggered this rally

After consolidating since December, XRP finally fronted a bullish breakout, logging +30% gains. In fact, according to blockchain analysis firm Santiment, part of the upside swing was influenced by a spike in whale accumulation. 

The firm stated that XRP whales have snagged 1.43 billion tokens (worth nearly $4B) in the past two months alone – A 37% demand hike. 



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