According to Mars Finance, Santiment, an on-chain and off-chain indicator intelligence platform, published a post on the X platform stating that the number of wallets holding at least 10,000 XRP has increased sharply in the past five weeks. There are 279,400 such shark and whale addresses on the ledger, which has returned to a six-month high. The correlation between these wallets and the XRP market value has been undeniable throughout 2024.
The number of wallet addresses holding at least 10,000 XRP has increased to 273,940 over the past five weeks.
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