Accumulation is even more pronounced among large wallets holding 10-100 million & $XRP , whose share now stands at 16.99% of total supply, up from 15.98% on December 1 and 13.21% on November 1.
Since early February, this group's holdings have increased by 6.39%, signaling strong potential support for & $XRP's price if the trend continues.
On the other hand, retail interest remains muted. Open interest (Ol) on & $XRP futures stood at 3.56 billion USD on Thursday, slightly down from 3.71 billion USD in the previous session.
ZECUSDT
Prep
401.52
+1.36%
XRPUSDT
Prep
1.9136
-0.13%