The XRP price briefly reclaimed the $1.50 level on Friday, signaling renewed buying momentum. On-chain data from Santiment points to a whale-driven jump, with accumulation observed as the price moved toward a potential rebound.
Santiment data shows that about 1,389 $100,000 whale transactions occurred during the dip, the highest volume seen over the past four months, while addresses on the XRP Ledger rose to 78,727 in a single eight-hour candle, the highest in roughly six months.
With rising whale demand and increased network activity, the XRP price could lay the groundwork for a bullish structure, though investors should remain cautious in a bear market. As of writing, XRP trades around $1.46, up about 25% in the last 24 hours, but weekly losses remain above 16%.
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