Santiment: XRP Whales Hoard More Amid Retail Selling Spree

XRP whales have been steadily increasing their holdings over the past five weeks as retail investors reduce their exposure, according to on-chain data from Santiment.

The report indicates that large XRP holders have accumulated approximately 2.8% more of the cryptocurrency during this period, coinciding with its recovery above $1.16.

This divergence between institutional-scale investors and individual market participants is not uncommon within financial markets, where retail investors often realize profits or reduce exposure after strong rallies.

The growing accumulation among major XRP holders may reflect growing confidence among larger market participants, but future price performance will continue to depend on broader factors such as institutional demand, macroeconomic developments, regulatory clarity, liquidity conditions, and overall cryptocurrency market sentiment.