This article discusses the activity of whale addresses on the XRP Ledger. Despite a decrease in overall whale activity compared to previous years, key shark and whale addresses continue to accumulate the network’s native token, $XRP. These wallets, holding between 100,000 and 100 million XRP, now control approximately 26.8% of the cryptocurrency’s supply. The article also highlights that the XRP Ledger is experiencing fewer transactions of over $100,000 per week. This decrease in whale activity raises questions about the broader interest in XRP or a potential shift towards other digital assets. The ongoing accumulation by key addresses may indicate a long-term investment outlook rather than short-term trading. Furthermore, the article mentions a notable investment made when XRP was trading near its historical lows. With the current price of XRP, this investment would have gained significant returns. However, it is important to note that historical performance does not guarantee future results, and investors should conduct their own research and due diligence.
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