XRP Whales Now Hold 68.5% of Supply in Highest Share Since 2022 — Is a Massive Rebound Quietly Brewing?
Photo: ZyCrypto
XRP may be struggling to regain its bullish momentum, but something intriguing is unfolding beneath the surface. While the Ripple-linked cryptocurrency languishes near $1.30, its largest holders have quietly tightened their grip on the token’s supply to levels not seen in nearly four years. With deep-pocketed players seemingly unfazed by XRP’s lackluster performance, could the cross-border payments token be laying the groundwork for a spectacular comeback? On-chain analytics platform Santiment has highlighted a notable shift in XRP’s supply distribution.
Also reported by CryptoNewsLand, U.Today.
Source: ZyCrypto
