XRP Whales Watch from the Sidelines as Veteran Analyst Signals a Bigger Move Ahead

After consolidating in a tightening technical pattern, XRP may be eyeing a decisive move, according to renowned market analyst Ali Martinez. Taking on X, formerly Twitter, Martinez said the 5th-largest cryptocurrency by market cap may be inching toward a bullish push as price action moves toward the apex of a triangle formation. The analyst also pointed out that XRP whales have remained largely inactive over the past week. Their combined holdings have hovered around 3.90 billion XRP, showing no significant accumulation or distribution during the period. What can be deduced from this development?