Ripple whales accumulate during price correction to push XRP price back up

XRP whales show confidence in market stability: Over 120 million XRP tokens were bought by whales, valued at approximately 288 million USD. This occurred as XRP’s price dropped from 2.90 USD to 2.22 USD, indicating their belief in XRP’s strength despite corrections.

Significant price rebound indicates market activity: XRP’s price has rebounded to 2.44 USD, reflecting a 7.47% increase in a day and a 30.30% rise over the week. The trading volume has hit 11.97 billion USD in 24 hours, underscoring active market participation and healthy sentiment.