Ripple whales continue to buy up large amounts of XRP, with recent purchases totaling over 40 million tokens. This activity suggests that savvy investors are taking advantage of the price dip, seeing it as a buying opportunity in a volatile market environment. Such significant buying activities often lead to speculation about potential rallies in the crypto price, with some believing XRP could surge to $3.5.
The broader crypto market has shown positive trends despite the current volatility, reinforcing investors' confidence in significant price movements. The continued interest in XRP by major holders, often referred to as "whales," indicates a strategic investment approach toward the digital asset.