XRP whales have purchased over 30 million XRP tokens, valued at approximately $74 million, within the last 24 hours. This significant buying activity, concentrated in wallets holding between 100,000 and 10 million XRP, has fueled speculation that the cryptocurrency could soon reach the $3 price level. The surge in accumulation coincides with plans by Ripple-backed Evernorth Holdings to raise over $1 billion for an institutional-scale XRP treasury. Notable investors in this initiative include SBI Holdings, Pantera Capital, and Kraken. At current market prices, the fund aims to acquire about 435 million XRP, representing 0.75% of the circulating supply.