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XRP Tops $1.60 as 1,917 Whale Transactions Hit Monthly High
XRP crossed $1.60 for the first time since Feb. 4, as Santiment counted 1,917 large transactions and 3,647 new wallets.
Published:
Updated:
What happened
XRP crossed $1.60 for the first time since Feb. 4, as Santiment counted 1,917 large transactions and 3,647 new wallets.
Confirmed
Global impact / market context
Large transfers and new wallets show rising interest, but the count alone cannot tell whether big holders bought or sold. That distinction matters because it changes whether demand or supply is driving the price move.
Analyst inference
XRP reaching a level last seen in early February reflects a break from its recent range. Higher transfer activity often accompanies bigger price swings, so traders may watch whether activity persists or fades after the move.
Analyst inference
What to watch
- Watch whether XRP stays above $1.60 or falls back below that level, since it was the first crossing since Feb. 4. Confirmed
- Santiment should clarify whether the 1,917 large transfers were buys or sells, because the count alone cannot establish direction. Proposed
- If large transfers and new wallets keep rising, that suggests broader interest; if they drop, the price move may lose support. Analyst inference
Affected assets
- XRP — XRP