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Large holders accumulate XRP as price nears $1, signaling potential support amid market fear.

Market News
12 Nov 2026, 12:00 WIB
AMBCrypto
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Neutral
Large holders accumulate XRP as price nears $1, signaling potential support amid market fear.

Large XRP holders, known as shark wallets, have increased their holdings by over 16,810 tokens in nine months, showing accumulation as the price approaches the $1 level. Despite a 30% drop in market capitalization and bearish trading volume, these big investors are capitalizing on fear to buy at lower prices. The XRP leverage ratio on Binance has dropped to a three-month low, indicating reduced derivatives risk and possible position closures. If these large holders continue buying and Bitcoin stabilizes, XRP could hold above $1 and potentially rise to $1.10 or $1.15; otherwise, a break below $1 may trigger a short-term sell-off.

XRP's market capitalization stands at Rp1.212,94 trillion with a 24-hour trading volume of Rp32,36 trillion on Pluang as of Nov 12, 2026 17:21 WIB. The platform shows strong buying interest with 97% of orders to buy and a typical hold time of 73 days, indicating steady investor confidence despite the price nearing Rp19.140. Bitcoin also remains stable at Rp1.333.678.939 with a market cap of Rp26.904,69 trillion, supporting overall market sentiment.

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