XRP’s million-token wallets climb 32 as market cap falls 29%: Can whales absorb price weakness?

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XRP’s million-token wallet count increased by 32 units over the past three months while market capitalization fell approximately 29%. The NVT ratio dropped 4.13% in 24 hours to 276.4959, signaling improved network usage relative to its valuation. XRP has lost the $1.0391 level and was trading around $1.0224, with support near $0.9917 and RSI falling to 38.50. The liquidation heatmap shows substantial long-liquidation leverage concentrated below current price, particularly around the $0.987 region. Despite near-term weakness, growing whale concentration and declining NVT could support a future price recovery.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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