XRP whales are continuing to buy the dip, according to data from CryptoQuant, a trend that suggests 'quiet accumulation' rather than a breakout, as reported by CoinDesk.
This is in contrast to ether, which is showing deeper capitulation, with its price below realized value leaving holders underwater, and giving it the strongest valuation case among BTC, ETH, and XRP.
This information is based on reporting from CoinDesk, which analyzed data from CryptoQuant to identify these trends in the cryptocurrency market.