XRP Whales Go on a Buying Spree as ETF Assets Cool Off

Large XRP holders are making a strong statement in the market. These whales added 72 million tokens to their bags recently, pushing their combined total to 12.18 billion coins. This move comes at a key time as the price stabilizes near the one dollar mark.

This buying activity is effectively balancing out the recent news from institutional sectors. While investment products linked to digital assets have seen net inflows fall below one billion dollars, the appetite among wealthy individual holders remains steady.

Traders are watching to see if this whale accumulation will create a floor for the current price. With institutional interest slowing down, the confidence shown by these large holders suggests that market participants are still betting on the future value of the asset. Keep an eye on the one dollar support level to see if this momentum holds.