The number of wallet addresses holding at least 10,000 XRP has increased to 2.794 million in the past five weeks
The on-chain and off-chain indicator intelligence platform Santiment posted on Platform X, stating that the number of wallets holding at least 10,000 XRP has surged in the past five weeks. There are 2.794 million such shark and whale addresses on the ledger, returning to a six-month high. The correlation between these wallets and XRP's market value throughout 2024 is undeniable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93