XRP transactions are over $1 billion barrels from monthly highs, are whales driving their next leg?

XRP is making headlines again as the network has recorded a dramatic surge, surpassing its $1 billion daily transfer volume for the first time in more than a month. The spikes come to a’s heel Powerful price rallyThere are signs that large owners, also known as whales, may play a key role in driving. Next leg of cryptocurrency.

XRP transactions reach major highs

The XRP network shows new strength and growth Transaction volume is rapidly increasing It exceeds $1.07 billion. This spike follows a massive 67% rally in digital asset prices. Climbed over $3.5 Earlier this month after a long period of consolidation. This impressive price surge is one of the most aggressive upward moves in recent months.

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The revival of both network activity and price signals Growing market momentum And perhaps the change in emotions between investors and traders. Particularly, XRPSCAN, platforms that record data from XRP ledgers; It was revealed A large amount of transfers was recorded on July 18th, representing the largest daily figure for cryptocurrency in more than a month.

What is particularly noteworthy about this recent volume surge is that it doesn’t seem to drive a speculative termination alone. Increase in funds between the account and the Increased user address We propose a deeper level of network usage.

XRPSCAN data shows that XRP Payment Volume On July 18th, one account rose to 1.72 billion people from one account. Furthermore, the number of successful transactions executed during the same period totaled over 2.08 million. New Active Account Also, July 18 recorded its highest daily count of 10,279 last month, rising significantly.

With blockchain metrics flashing green and XRP prices regaining bullish momentum, the surge in daily transfers shows a fresh wave of satiety confidence among holders. Typically, such synchronized growth can point to the intentional accumulation or distribution of whales moving large sums during pivotal market shifts.

Whales will be longer with XRP ahead of potential surges

A new report from analysts shows that XRP Whale Activities It’s back in earnest just a few days after cryptocurrency networks surged beyond the $1 billion transfer volume, as certain holders have been running for a long time. Several long positions have been opened in a price range of nearly $3.44, totaling over $3.8 million, raising speculation that investors may be acting in insider-level trust.

X Social Media analyst KingXRP recently revealed that there are whales input $1.52 million in XRP, the buzz grows around the imminent Realfi integration, XRP ledger Unlock a massive $650 trillion market.

Related Reading: XRP Open Interest hits a fresh ATH of over $10 billion, but will the price continue?

Radar, who adds fuel to the hype, is another market expert, It has been reported Two additional whale-sized positions worth $102 million and $1.31 million have been opened within the same price range. This movement shows a clear change in whale emotions, suggesting an increase in confidence Possibility of XRP breakout.

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