According to Santiment on-chain data, wallets holding at least 10 million XRP now control 45.83 billion tokens, valued at approximately $68.5 billion at current prices. This represents 68.5% of XRP’s total circulating supply and marks the highest whale accumulation level recorded since May 2018. The buying surge occurs as XRP trades near the $1.50 resistance level at $1.46, up 2.37% over 24 hours.
XRP exchange-traded products saw a 1,220% week-on-week inflow spike, from approximately $3 million to $39.6 million, according to CoinShares. The year-to-date ETP flows have reached $191 million with AUM of $2.56 billion. The accumulation coincides with regulatory progress, including the CLARITY Act’s passage through the Senate Banking Committee 15-9 this week, and Ripple’s live test of tokenized U.S. Treasury settlement on the XRP Ledger with JPMorgan, Mastercard, and Ondo Finance.
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