Ripple’s price experienced a strong recovery this week, driven by increased whale activity.

Ripple’s (XRP) price experienced a strong recovery this week, driven by increased whale activity. The XRP token surged to $0.5705 on Tuesday, its highest level since April 12th, marking a 50% increase from its lowest point this month.

Ripple’s performance coincides with significant whale accumulation. Data from Santiment reveals that large XRP wallets bought over $300 million worth of tokens between July 12th and 15th.

Large transactions like these often indicate that insiders are buying ahead of a major event.

This trend is also reflected in technical charts. The accumulation/distribution (A/D) indicator has reached a record high, showing strong accumulation. Additionally, XRP has surpassed …