$XRP Large Holders Accumulate Tokens Amid Volatility

Despite the recent price decline, $XRP's large holders have continued to quietly accumulate tokens. Data from crypto analyst Ali Martinez reveals that a total of 71 million $XRP has been moved by these investors in the last seven days.

The asset has remained in the red territory over this period, with a price decline of nearly 5%. However, it appears that institutions or high-profile holders have seized the opportunity to buy the dip on $XRP. This movement may be a sign that these investors are confident in the long-term prospects of the asset.

It's worth noting that despite this accumulation, momentum remains extremely weak and the price of $XRP has steadied far below the $1.40 mark. As of the time of writing, $XRP is trading at $1.36, marking a price decline of 0.06% over the last 24 hours.

The fact that institutional interest in $XRP remains decent despite the recent volatility is a positive sign for the asset. $XRP ETFs have continued to outperform their Bitcoin and Ethereum counterparts, with fresh capital flowing into the market while others see consistent withdrawals.