XRP (CRYPTO: XRP) spiked to $1.55 following the CLARITY Act passing the Senate Banking Committee before pulling back below $1.45
Whales Hold 45.83 Billion XRP Tokens
Wallets holding at least 10 million XRP now control 45.83 billion tokens worth $68.5 billion, representing 68.5% of circulating supply.
This marks the highest whale concentration since May 2018, signaling major holders are accumulating rather than distributing into strength.
The spike to $1.55 occurred immediately after the Senate Banking Committee passed the CLARITY Act 15-9, legislation that could formally reinforce XRP’s regulatory status as a commodity rather than a security.
ETF Inflows Accelerate To $49.63M Weekly
U.S. XRP Spot ETFs recorded $18.52 million in net inflows Thursday, bringing weekly inflows to $49.63 million with Friday still remaining.