XRP corrects to $1.50 after rally as whales accumulate 350M tokens
- —XRP holds above its 50-, 100- and 200-day EMAs at $1.331, $1.284 and $1.361
- —Whales accumulated 350 million XRP since Sunday while mid-sized holders sold 50 million
- —XRP network growth index surged to 12,608, the highest since February 10
- —Spot XRP ETFs recorded $18.04 million in inflows after $20.02 million the prior day
Why it matters: Whale accumulation and ETF inflows support the uptrend, but overheated futures and weak retail participation cap further gains.
Source: FXStreet Crypto