XRP price dip attracts whale investors: XRP’s price plummeted from 2.90 USD to 2.22 USD, prompting significant acquisitions by large investors known as whales. These investors purchased over 120 million XRP, valued at approximately 288 million USD, reflecting their strategic buying during price corrections.

Whale activity signals confidence in XRP: The increase in whale purchases amid the price dip reflects confidence in XRP’s future. Analysts suggest this activity hints at positive developments for Ripple, including possible legal successes or strategic partnerships, enhancing market sentiment.