XRP whales have amassed over $560 million worth of XRP in the past week, reflecting growing confidence in the cryptocurrency. According to on-chain analytics firm Santiment, this marks one of the most aggressive accumulation phases by large holders in recent months, a trend often associated with significant price movements. The increase in whale activity aligns with a 26% rise in trading volume and a 3.36% decrease in exchange reserves, indicating a shift of tokens into private wallets or cold storage. This reduction in available supply could potentially drive XRP's next major rally, as noted by market analysts.