XRP Whale Activity Surges Amid Institutional Interest

XRP has seen a significant increase in whale activity, with addresses holding between 1 million and 10 million XRP reaching over $1.1 billion in assets. This surge is attributed to growing institutional interest in XRP's role in cross-border payments and positive market sentiment following regulatory developments. XRP's price has risen 29% in the past week, with a 352% monthly gain, as it trades at $2.44. Analysts suggest that the current whale-to-exchange activity could indicate potential profit-taking, especially if XRP approaches the $10 mark. Ripple's strategic partnerships and favorable regulatory outlook are driving institutional demand, positioning XRP for further growth.