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XRP edges higher as whale activity rises while retail traders stay cautious

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2026-07-02 06:21:40
XRP edged higher as large-holder activity strengthened and new wallet creation hit a three-month high, while retail positioning stayed cautious. According to CoinDesk, XRP Ledger logged 4,941 new wallet creations in a day and CryptoQuant’s All CEX Whale vs Retail Spread was 50.9% (Binance: 44.6%). XRP rose 1.41% to $1.0613 in the 24 hours ending July 2 at 04:16 UTC, with a volume spike helping it break above $1.0560. CoinDesk said XRP still needs to reclaim $1.10-$1.11 to make the recovery look convincing.
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