Crypto Currency Tracker logo Crypto Currency Tracker logo
Finbold 2026-03-30 15:54:34

XRP accumulation spikes as whales secure over 120 million tokens

The institutional demand for XRP has grown steadily over the past 9 days, as whale investors increased their holdings by 1.09%. Between March 22 and March 30, the account balance of XRP whales increased from about 11.05 billion tokens, worth around $15.47 billion, to approximately 11.17 billion tokens, valued at $14.86 billion at the time of publication, according to Santiment metrics . XRP held by whales for a 7-day chart. Source: Santiment During this period, the whale balances surged by more than 120 million tokens and peaked on Saturday, March 28, with holdings of nearly 11.21 billion tokens. Institutional investors lead XRP accumulation The main reason why XRP whale balances climbed in the past few days was due to renewed interest from institutional investors. For instance, the altcoin’s United States-based spot exchange-traded funds (ETFs) registered a net cash inflow of 2.66 million tokens last week, which equated to roughly $3.59 million, to currently hold around 933.33 million units. Spot XRP ETF weekly chart. Source: SoSoValue Meanwhile, the XRP’s investment products reported a net cash inflow of $15.8 million last week to currently hold assets worth $2.269 billion at press time, based on data from CoinShares . Worth noting that XRP’s investment products outshined those for Bitcoin ( BTC ) and Solana ( SOL ), which saw net outflows last week. What’s the impact on its price? The significant increase in XRP whale balances over the past nine days coincided with a 6.05% fall for the altcoin to trade at $1.347 at reporting time. XRP/USD 4-hour chart. Source: TradingView However, the altcoin’s price has signaled a potential near-term reversal in the past four days, fueled by rising whales’ demand. Moreover, token’s price has formed a possible double-bottom, during the past few days, coupled with bullish divergence of its 4-hour Relative Strength Index (RSI), which is a classic reversal pattern. The post XRP accumulation spikes as whales secure over 120 million tokens appeared first on Finbold .

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine