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XRP whales moved ahead of 67 percent surge as \'millionaire wallets\' rise by 85 in two days

Large XRP-holding wallets increased rapidly just before XRP surged 67 percent in August, blockchain outlet The Crypto Basic reported, citing Santiment. Santiment said 85 new wallets holding at least 1 million XRP appeared two days before the Aug. 17 to Aug. 21 jump. It pointed to rising on-chain activity on the XRP Ledger and Ripple-backed moves tied to RLUSD credit funds and investments in ZILO and Licuido. An analyst also flagged key Fibonacci levels for price support and resistance.