XRP holders with 500+ coins rise 14% as price falls 64%

A recent review of XRP Ledger data revealed a notable increase in the number of accounts holding at least 500 XRP, despite a sharp decline in the token’s price over the same period. According to figures cited by Cheeky Crypto, an independent cryptocurrency analyst and content creator, the number of such accounts rose from approximately 1.26 million to 1.44 million. This growth occurred as XRP’s price dropped from its all-time closing high to around $1.25—a 64% decrease—causing a 500 XRP holding to fall in value from about $1,775 to $627.

Source: CoinTurk News