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I noticed interesting activity in the market — XRP whales are clearly not sleeping. Since the October crash, they have bought more than 4 billion XRP, which is approximately $5.7 billion. Wallets holding sums from 10 million to a billion tokens are being actively topped up. It seems that large players believe in a recovery.
What’s interesting is that this is happening amid overall volatility. Биток is bouncing between 60,000 and 70,000, though it’s already higher now, but XRP whales are not distracted by market noise. They are clearly waiting for the moment when regulatory clarity and the resolution of SEC issues will give the price an upward push.
The energy in the crypto community is definitely bullish. The whales are clearly preparing for an альтсезону, when XRP and other альты could move to new highs. When whales start such large-scale accumulation, it’s usually a sign that they see potential that the market has not yet fully priced in.