The XRP whale has increased its holdings by 1.4 billion XRP in the past two months, worth about 3.8 billion US dollars

XRP briefly broke through $3 in the early US trading session, the first time since early January 2018, and then slightly fell back. As of press time, it traded at a price of $2.95, up 11% in the past 24 hours.

Data from Santiment shows that whales have increased their holdings by 1.4 billion XRP in the past two months, worth about $3.8 billion, and continued to increase their holdings while consolidating since the high point in early December.

Ripple President Monica Long said in an interview last week that she expects spot ETFs to be approved "soon", as approval efficiency will speed up under the Trump administration.