XRP Whales Accumulate $400 Million Worth of Tokens, Signaling Potential Bullish Trend

XRP whales have recently accumulated 150 million tokens, worth approximately $400 million, indicating a potential bullish trend for the cryptocurrency. According to on-chain data shared by analyst Ali Martinez on X, these large investors, holding between 10 million and 100 million XRP, have increased their holdings during a price dip, suggesting confidence in a future rebound. Martinez also noted XRP's breakout from an ascending triangle pattern, potentially driving a 4% move towards $2.68.