$100 Million Invested Within Days! Traders MASSIVELY Accumulate These Crypto Tokens

Popular trader Ali Martinez reported earlier today that whales bought another 60 million $XRP in the last 48 hours. The XRP price is trading around $2.30 at the time of writing, down 2.5% this week.

Popular crypto trader Ali Martinez has reported yet another massive accumulation of XRP by major crypto traders, often referred to as ‘whales.’ According to Martinez, these traders have collectively acquired 60 million XRP in the last two days. At the time of writing, XRP is trading at around $2.30, down 2.5% this week.

Meanwhile, a new crypto presale has also managed to raise over $36 million in just a couple of weeks. The project, called ‘Wall Street Pepe,’ is a platform for retail traders that aims to provide tools and insights usually reserved for institutional investors.

Presale for the platform’s native token, WEPE, has already attracted a lot of interest, with the funds raised set to be used for further development and community initiatives. But what exactly is Wall Street Pepe, and why are investors pouring millions into this new altcoin?

XRP Whale Accumulation Trends

A closer look at the XRP price chart reveals interesting trends in whale accumulation throughout December. Despite the price action showing significant volatility, with notable spikes early in the month and subsequent consolidation,

whale wallets holding between 1,000,000 and 10,000,000 XRP displayed remarkable confidence in the token. Throughout the month, these large holders consistently increased their XRP holdings, especially during the early December rally.

Whales bought another 60 million $XRP in the last 48 hours! pic.twitter.com/FTbTWDtBVM

As shown in Martinez’s chart, the grey-shaded area represents the cumulative XRP holdings by these whale wallets, and it shows a clear upward trajectory. After a minor dip in mid-December, the total XRP holdings by these wallets resumed their ascent, reaching peak levels by the month’s end.

This accumulation pattern also coincided with significant price movements, including notable dips around December 11 and December 22. The correlation between whale activity and price movements tells an interesting story.

The initial surge in whale holdings aligned perfectly with the XRP price rally, suggesting that these large-scale accumulations contributed to the upward momentum. Even more tellingly, during price corrections and consolidation phases, whale holdings didn’t significantly decline.

By December 24-25, as the price showed signs of stabilization, whale holdings reached their highest recorded levels. The latest 60 million XRP accumulation within just 48 hours adds another chapter to this ongoing trend, highlighting the strategic approach these large holders are taking in the current market conditions.