XRP Whale Holdings Hit Highest Supply Share Since November 2022

XRP is beginning to show signs of a potential recovery as whale activity continues to show that accumulation among large holders is accelerating. Latest onchain data shows that whales are increasingly becoming bullish on XRP despite the recent market volatility as they continue to increase their share of XRP's supply more than they have done in over four years. Notably, data from Santiment Intelligence shows that wallets holding at least 10 million XRP now have up to 46.87 billion XRP in their total holdings. This means that they now control about 68.5% of XRP's supply, representing the highest share of XRP supply held by whales since November 2022.

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