XRP whale demand reaches highest level in 7 years – price remains vulnerable

XRP whale holdings have reached 48 billion tokens, marking a new peak in seven years, although the number of wallets with over 100 million tokens has decreased by 20.6% in the past two months.

Despite showing bearish signals, XRP whales are actively trading. Current technical indicators suggest that despite increased whale activity, XRP prices have struggled to stay above $2, indicating a fragile market condition.

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