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XRP Approaching $2: 25,000 Large Wallets Added in 48 Hours, Strong On-Chain Accumulation Signal
【Crypto World】XRP recently approached the $2 mark, but on-chain data reveals an interesting signal — wallet structures are undergoing a dramatic reshuffle. In just 48 hours, over 25,000 new wallets have moved up to higher holding tiers, a speed unseen since 2021.
Currently, the total number of XRP wallets has surpassed 7.5 million, indicating rapid ecosystem expansion. More notably, large amounts of XRP are quietly flowing from exchanges to private custody accounts. What does this mean? The amount of XRP available for trading on the market is decreasing. Those looking to sell off need to exert greater selling pressure. Conversely, this accumulation trend may be brewing the subsequent upward momentum.