Since January 1, the number of millionaire XRP wallets has increased by 42, reversing a prior downward trend. This indicates growing investor interest in the asset, despite the overall negative sentiment in the cryptocurrency market.
Smart money traders have increased their XRP positions by 11.55% over the last month. Analysts provide mixed interpretations, with some suggesting strong buying could help XRP breach resistance levels, while others warn of possible pressures from macroeconomic factors and the Clarity Act voting.
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