Whale activity in XRP sees a steady hike

XRP’s whale activity has steadily risen, with transactions exceeding $1 million hitting their highest levels in months.

While XRP’s price has remained relatively flat, the number of whale transactions surged significantly, particularly from 24 February. The spike on 02 March stands out, marking the highest whale activity in this period – Often a sign of accumulation or redistribution.

This trend seemed to suggest that large investors are actively repositioning their holdings.

The sustained whale engagement raises questions about whether XRP is gearing up for a breakout or if liquidity is shifting in response to Ripple’s sales strategy.

Samantha is a full-time crypto journalist with 2 years of writing experience in the field. Her key area of interest is the political ramifications of crypto-centric laws around the world. An avid market trader, Samantha also has a keen eye for price anomalies on trading charts.