The post XRP Whales Accumulate—Bullish Signs Emerge After SEC Case Ends appeared on BitcoinEthereumNews.com.

XRP surged nearly 13% after breaking resistance at $2.40, with growing user activity and investor optimism fueling momentum. Whales have accumulated $14 billion in XRP, while dormant circulation dips, reflecting quiet confidence despite bearish derivative signals. Ripple’s XRP saw a sudden jump on charts, with prices going as high as $2.43 on Thursday. The spike came after it broke through to $2.40 and is now running into resistance for a second time at $2.40385. The recent surge is evident on the 4-hour chart, but the rally is catching its breath for now. Source: TradingView In a day, XRP jumped nearly 13% before it pulled back. While it rested, this is for sure: there is a whole lot more happening behind the scenes than is indicated by price. Daily active addresses for the token increased more than 400% since March began. That is a bigger story — people are using XRP in larger quantities than ever. Source: Santiment The perception regarding XRP began to reverse, with the U.S. Securities and Exchange Commission finally ending its court fight with Ripple. That update alone was enough to create serious investor optimism, especially for larger holders. Whales Push $14 Billion Into XRP Amid New Legal Clarity Whale wallets holding between 1 million and 10 million XRP have been busy stacking up. Over the past two months, they’ve grown their share by 10%, reaching a total of 5.81 billion XRP — worth close to $14 billion. That’s a clear signal of growing confidence from high-stakes players. Source: Santiment Not every large wallet is playing the same game, though. Accounts holding between 10 million and 100 million XRP are showing mixed activity — some are buying, others are trimming their positions. Still, the net mood feels more hopeful than cautious. At the same time, XRP holders…

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Filed under: News - @ March 22, 2025 4:26 am