$XRP Whales Reach All-Time High as Price Surges 26% Weekly
$XRP whale wallets holding at least 1 million tokens hit a new all-time high of 2,743 addresses.
These whales now control 47.32 billion
$XRP tokens, with both whale count and total holdings increasing simultaneously.
$XRP surged 26% over the past week and jumped 10% in 24 hours, trading at $2.80 at publication time.
The rally wiped $31.44 million in short positions as traders positioned for continued upward momentum.
Santiment called the dual trend "a very positive sign" for the fourth-largest crypto asset amid broader market strength.
$XRP had been consolidating for nearly 200 days within a $1.90 to $2.90 range before the recent breakout.
The surge coincides with
$BTC reaching consecutive all-time highs and
$ETH gaining 17.51% across the week.
Santiment confirmed #altcoin season has begun as long as
$BTC maintains support above the crucial $110,000 psychological level.
