Key Insights:
- XRP whales added over $1.1B to their holdings recently.
- Optimism is growing about the potential approval of an XRP ETF.
- A price surge of 60–85% is possible if XRP breaks past the $3.30 threshold.
XRP Whales Add $1.1B to Holdings
XRP whales have significantly increased their holdings, adding over $1.1 billion in XRP, according to recent reports. Despite ongoing retail skepticism, large investors are bullish on the cryptocurrency. This accumulation has sparked interest, with many speculating about a possible price surge in the near future.
https://x.com/coinbureau/status/1976175031479882156
Rising XRP ETF Optimism
The surge in XRP holdings comes amid growing optimism about the potential launch of an XRP ETF. As reports suggest that approval for such an ETF may be closer, investors are paying close attention to potential market movements. “Retail investors remain doubtful, but institutional players are positioning themselves for what could be a breakthrough,” said one market analyst.
Possible Price Movement Above $3.30
If XRP breaks above the $3.30 mark, some experts predict a possible price increase of 60–85%. This scenario could be driven by growing institutional interest and the approval of an ETF. However, many retail investors remain cautious, uncertain about the long-term effects on the cryptocurrency market.
