XRP Whale Holdings Reach Highest Share Since 2022

The wallets containing 10 million or more XRP now hold 68.5% of the supply, or 46.87 billion tokens. While the token is trading near $1.29, its distribution to large XRP wallets is at a record high since November 2022. The $1.30 and $1.50 price resistance levels are listed, and $1.20 is the support level as per the Santiment report. The accumulation of XRP whales has peaked at its highest level since 2022, with big wallets adding to their holdings and the market looking to recover.

Also reported by U.Today.

Source: CryptoNewsLand