XRP Price Surges 6% Amid Signs of Major Institutional Buying on Exchanges

The price of XRP has experienced a notable 6% increase, with on-chain and exchange data suggesting a pattern of institutional accumulation. Analysis of trading volumes and wallet movements indicates that large-scale investors are actively buying XRP, potentially signaling growing confidence in the asset's future. This accumulation phase often precedes significant price movements, drawing attention from the broader cryptocurrency market. The activity contrasts with typical retail trading patterns, highlighting strategic positioning by whales and investment funds. Market observers are now watching key resistance levels to see if this institutional interest can sustain the bullish momentum for XRP.