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XRP edges higher as whale activity rises while retail traders stay cautious
Key takeaways
- The token edged higher after a sharp intraday volume spike, while new wallet creation reached its strongest level in three months and whale activity diverged from cautious retail positioning.
- • XRP Ledger recorded 4,941 new wallet creations in a single day, the strongest daily growth in more than three months.
- • CryptoQuant data showed the All CEX Whale vs Retail Spread at 50.9%, with Binance’s measure at 44.6%, pointing to stronger large-holder activity while retail participation remained cautious.
The token edged higher after a sharp intraday volume spike, while new wallet creation reached its strongest level in three months and whale activity diverged from cautious retail positioning. That puts the focus on whether buyers can turn support defense into a move back above $1.10.
• XRP Ledger recorded 4,941 new wallet creations in a single day, the strongest daily growth in more than three months.
• CryptoQuant data showed the All CEX Whale vs Retail Spread at 50.9%, with Binance’s measure at 44.6%, pointing to stronger large-holder activity while retail participation remained cautious.
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