XRP (XRP) has fallen 3.6% in the past 24 hours to $2.37, with the market remaining choppy since Wednesday’s FOMC meeting.
The token has accumulated 7.7% losses in the past 30 days as market sentiment continues to be heavily depressed.
Despite this weakness, on-chain data indicates that whales – deep-pocketed investors with millions of dollars at their disposal – have been buying XRP during the market’s dip.
Data from Santiment shows that wallets that hold between 1 million and 10 million XRP tokens have increased the total amount of XRP tokens they own from around 5.6 billion in early February to 5.81 billion at the time of writing, resulting in a 3.8% increase in less than two months.
As a result, these wallets currently hold around 10% of the token’s circulating supply. Meanwhile, whales holding between 10 million and 100 million XRP tokens have behaved more erratically during this same period but have also increased their holdings from around 4.85 billion tokens to 6.85 billion.
Wealthy investors seem to believe that the future of XRP is bright as the evidence shows that they have been accumulating tokens during the selling spree.
Every Drop to $1.90 Has Proven to be a Good Buying Opportunity for XRP
XRP trading volumes have gone down by nearly 60% in the past 24 hours – a remarkable retreat as the latest spike in volatility caused by the Fed’s interest rate decision and Trump’s appearance during a NYC crypto summit.
The token has found strong support in the past four months between the $1.70 and the $1.90 level.
However, the daily price chart shows that XRP has made two consecutive lower highs already as it has dropped for a second day in a row during the Asian session today.
Despite the drop, momentum indicators are still favoring a bullish outlook as the Relative Strength Index (RSI) has stood above the signal line while the MACD’s histogram shows steadily rising positive momentum readings.
At this point, any pullback to the $1.90 area has proven to be a good buying opportunity for both traders and long-term holders as XRP continues to be one of the most resilient cryptocurrencies of the year.
Alongside XRP, standout presales like MIND of Pepe (MIND) have quietly gained momentum in 2025, as investors increasingly explore high-upside opportunities still under the radar.
MIND of Pepe (MIND) Raises $7.5M to Launch its Powerful AI Agent Token
MIND of Pepe (MIND) is an AI agent designed to capture the public’s attention by engaging in discussions about meme coins with high-profile accounts on social media platforms like X.
The AI agent will gather information from its interactions and share the most relevant insights with token holders, helping them navigate current market conditions and spot high-potential opportunities early.
As its influence grows, the agent will also have the ability to launch its own meme coins and promote them to its audience.
$MIND holders will gain exclusive access to private sales of these tokens, positioning them to benefit before the wider market catches on.
To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).
You can either swap USDT, ETH, or BNB for this token or use a bank card to make your investment.
The post New Data: XRP Whale Holdings are Surging – Is a Big Breakout Coming? appeared first on Cryptonews.
Credit: Source link
