XRP whale addresses increased their holdings from about 12.37 billion tokens to 12.8 billion over the past five days, adding more than 470 million XRP worth roughly $724 million at recent prices, according to analyst Ali Martinez, who cited on-chain data. The accumulation came as XRP spot ETFs posted net inflows for an 11th straight week.
Data cited from BeInCrypto showed XRP trading at about $1.55, up roughly 28% from a $1.25 low. On the technical side, the daily chart is forming an inverse head-and-shoulders pattern, with the neckline near $1.60.
SoSoValue data showed that XRP spot ETFs recorded $75.59 million in net inflows for the week ending Sept. 25. Cumulative net inflows reached $1.79 billion, while total net assets were close to $1.77 billion.
XRP whale addresses raised their holdings from about 12.37 billion tokens to 12.8 billion over the past five days, adding more than 470 million XRP worth around $724 million at recent prices, according to analyst Ali Martinez, citing on-chain data.
At the same time, XRP spot exchange-traded funds have now logged net inflows for 11 consecutive weeks.
BeInCrypto data showed XRP trading at about $1.55, up roughly 28% from a $1.25 low. Technical analysis also pointed to an inverse head-and-shoulders pattern taking shape on the daily chart, with the neckline near $1.60.
According to SoSoValue, XRP spot ETFs posted $75.59 million in net inflows in the week ending Sept. 25. Cumulative net inflows reached $1.79 billion, and total net assets were close to $1.77 billion.
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