Ultimate magazine theme for WordPress.

XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation


Ripple (XRP) addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the and XRP/BTC pairs in late 2020.

A 76% spike in XRP “mega whale” addresses since December 2021 has been noted by analytics firm Santiment showing that they added a total of 897 million tokens, worth over $712 million as of Feb. 18, to their reserves.

XRP supply into addresses holding more than 10 million native units. Source: Santiment
XRP/USD weekly price chart. Source: TradingView
XRP/USD four-hour chart featuring bull pennant setup. Source: TradingView