XRP Price Surges Above $3.2 Amid 81% Increase in Whale Activity
XRP has surpassed the $3.2 mark, driven by significant whale activity as reported by on-chain analytics firm Santiment.
Key Points on Whale Activity
- XRP recorded an 81% increase in Whale Transaction Count over the past week.
- The Whale Transaction Count tracks transfers over $100,000, indicating large investor engagement.
- High whale activity can lead to price volatility, but current trends suggest buying pressure for XRP.
- XRP's price rose nearly 41% during this period.
- Other cryptocurrencies also saw spikes, but XRP stands out due to its larger market cap.
As of now, XRP is trading at approximately $3.2, reflecting a 2% decrease in the last 24 hours.
