XRP Whales Reach Highest Supply Share in 4 Years; Can Price Reclaim $3 Level?

XRP recovered slightly by Tuesday’s close after falling the day before, trading near $1.31 as traders assessed fresh signs of whale accumulation amid lingering selling pressure. “ The key signal is that these massive holders have kept increasing exposure even while XRP struggles near $1.29,” Santiment wrote , suggesting that large investors remain willing to accumulate despite the token’s weakness. The figures mark a shift from an earlier warning by analyst Ali Martinez, who cited a decline in wallets holding between 10 million and 100 million XRP, from 351 to 339 since November 2022.