Recent deposits of XRP whales on Binance reveal that significant investors may be gearing up to take profits. XRP has doubled in value recently, and its market cap rose by 33%. Currently, XRP remains at a critical price point of $3, where investors are weighing their options.
Alongside this surge, XRP has faced challenges, currently sitting 11% lower than its yearly highs. Cautious investor sentiment continues with general market volatility, highlighting potential risks and choices for large investors.