XRP whales purchased around $6.82 million last week.

#XRP whales appear to be increasingly bullish on the crypto asset despite underperformance.

The latest data from crypto analyst Ali Martinez shows a significant accumulation phase for XRP.

On-chain data from Santiment reveals that last week, these whales acquired approximately 11 million XRP, equivalent to $6.82 million. This development unfolded when the price of XRP underwent a downtrend, causing its monthly gains to hover just above 11%.

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