XRP price has rebounded, climbing over 4% in the past 24 hours to reach $2.38. This increase follows a recent low of $2.25 on October 17, the weakest since July. Santiment reports a record high of 317,500 wallets holding at least 10,000 XRP, indicating investor accumulation. Open interest in XRP futures has dropped to $3.49 billion, its lowest level since June, signaling reduced speculative activity. Ripple’s $1 billion Digital Asset Treasury initiative and potential XRP ETF approval by the SEC have fueled market optimism, highlighting confidence in XRP’s future.

Read more at Yahoo Finance.: XRP Whale Count Hits An All-Time High Amid Market Turmoil