The article discusses the recent accumulation of XRP by whales, indicating a positive sentiment for the cryptocurrency. The whales are divided into two groups based on the number of coins they hold, with the smaller group consistently buying more XRP during its price decline. The larger whales initially sold their coins after the price peak in July but have now begun accumulating again. The combined holdings of these two whale cohorts amount to around 16.1 billion coins, valued at $8.4 billion. Although it is uncertain when XRP will recover, the buying activity from whales suggests support for a potential price increase. The current trading price of XRP is $0.52, reflecting a 17% decline in the past week.
AI Sentiment: Positive
