The number of Walvisportfeilles with large quantities of XRP
has increased to a record high in a sign of trust in the price forecast of the cryptocurrency.
“There are now more than 2,700 whale and shark portfolios that for the first time contain at least 1 m XRP in the history of 12 years of active,” said Santiment van Blockchain Analytics on X.
Moreover, the amount of active XRP addresses is on average more than 295,000 per day in the past week, considerably higher than the average of 35,000-40,000 in the past three months.
XRP is the cryptocurrency focused on payments that is used by the fintech company Ripple to facilitate cross-border transactions. At the time of writing, the cryptocurrency traded around $ 2.23, which represents a 7% profit for the year, according to coindsk data.