Whales bought over 60 million XRP, indicating positive sentiment in a declining market. This considerable purchase highlights traders’ confidence despite XRP’s current price drop.
Following whale purchases, XRP’s trading volume increased by 32% to 4.5 billion USD. Most transactions occurred on the Binance exchange, suggesting heightened trader engagement.
XRP might see a price surge if it surpasses 2.80 USD, potentially reaching 3.40 USD. Data indicates strong long positions among traders, further reflecting bullish sentiment.