🐋 Santiment: Millionaire Wallets Were the First to Rise Before a Sharp XRP Move
Millionaire wallets in the registry started moving first. The chart shows the appearance of 85 new addresses holding more than 1 million XRP, all within just 2 days before XRP broke out by 67% from August 17 to 21.
🐋 Wallets with more than a million XRP can absorb supply, boost buy orders, and move liquidity faster than retail participants—so a sudden rise or fall in the number of such wallets often happens right before the most abrupt XRP moves.
🏦 Looking ahead, this situation still has real backing. Ripple supported a credit fund in RLUSD for lending to fintech companies and payments businesses on the XRPL, and investments in ZILO and Licuido added tokenization, transfer-agent services, and infrastructure for the mobility of collateral within Ripple’s XRP Ledger stack.
🟢 The outlook for the rest of the year remains positive. The number of whale wallets stays high, RLUSD is improving XRPL efficiency for settlements, and institutional tokenization continues to build a clearer story for XRP than mere retail hype.
#XRP
Millionaire wallets in the registry started moving first. The chart shows the appearance of 85 new addresses holding more than 1 million XRP, all within just 2 days before XRP broke out by 67% from August 17 to 21.
🐋 Wallets with more than a million XRP can absorb supply, boost buy orders, and move liquidity faster than retail participants—so a sudden rise or fall in the number of such wallets often happens right before the most abrupt XRP moves.
🏦 Looking ahead, this situation still has real backing. Ripple supported a credit fund in RLUSD for lending to fintech companies and payments businesses on the XRPL, and investments in ZILO and Licuido added tokenization, transfer-agent services, and infrastructure for the mobility of collateral within Ripple’s XRP Ledger stack.
🟢 The outlook for the rest of the year remains positive. The number of whale wallets stays high, RLUSD is improving XRPL efficiency for settlements, and institutional tokenization continues to build a clearer story for XRP than mere retail hype.
#XRP
