Recently, the XRP market has experienced fluctuations, but the active entry of large funds has injected new confidence into investors. According to the latest on-chain data from the blockchain data analysis platform Santiment, addresses holding between 100 million to 1 billion XRP have increased their holdings by 900 million XRP in just two days, which is quite impressive.

This wave of accumulation occurred as the XRP price began to rebound after a brief decline. Although XRP recently fell below the $3 mark, it quickly rebounded to above $3.2, coinciding closely with the timing of large holders' accumulation. Based on the trading price at that time, the market value of these 900 million XRP exceeded $2.88 billion, demonstrating strong confidence from large capital in XRP.

It is worth noting that this is not an isolated phenomenon. Data shows that the significant increase in XRP whale holdings began in late July, which coincided with a noticeable rise in XRP prices. This large-scale capital inflow not only alleviated market concerns about the continued decline of XRP but also brought positive signals for the future trend of XRP.

However, investors still need to remain cautious. Although the entry of large holders is often seen as a positive signal, the high volatility of the cryptocurrency market still exists. XRP has turned negative in the last few hours, indicating that there is still uncertainty in the market.

Overall, the concentrated accumulation of XRP by large holders undoubtedly injects a strong dose of confidence into the market, but investors still need to consider all factors comprehensively when making decisions, weighing risks against rewards. As market attention on XRP continues to rise, its future trends will become increasingly noteworthy.