According to Santiment, the number of XRP wallets holding over 1 million tokens has hit 2,743, indicating increased market confidence as the price of XRP has jumped 26% to 2.80 USD over the past week.
Major wallets currently hold 47.32 billion XRP tokens, reflecting a consolidation of assets. The latest market action has led to the liquidation of 31.44 million USD in short positions, signaling a bullish trend.
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