XRP Whales Accumulate During Dip While ETH Faces Deeper Capitulation

Amidst the ongoing market correction, XRP whales have demonstrated persistent accumulation, strategically buying the dip to strengthen their positions. On-chain data reveals that large XRP holders have increased their balances significantly over the past week, signaling confidence in the asset's medium-term prospects. However, the broader altcoin market tells a different story, with Ethereum (ETH) showing signs of deeper capitulation. ETH has experienced sustained selling pressure, with whale wallets reducing exposure and derivatives data indicating elevated bearish sentiment. This divergence highlights a shift in institutional and high-net-worth investor preference toward XRP, while ETH faces a more prolonged period of distribution and potential downside risk. Analysts suggest that XRP's relative resilience could attract further inflows if the market stabilizes, whereas ETH may require a more substantial washout before a sustainable recovery can begin.