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XRP millionaire wallets are ramping up in 'encouraging sign': Santiment

🤖 GG AI Summary

Despite the overall bearish sentiment in the crypto market, the number of XRP wallets holding over 1 million tokens has increased, which is seen as a positive indicator by analysts. This trend suggests growing confidence among large holders of XRP, potentially signaling future price stability or growth.

Sentiment: 72% Bullish

The rise in XRP wallets holding more than 1 million tokens comes despite a weakening of broader crypto market sentiment, with a popular crypto indicator sitting in โ€œfearโ€ territory.

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