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%.