Data: XRP whales have increased their holdings by 1.4 billion XRP in the past two months, worth approximately 3.8 billion USD

ChainCatcher news, according to Coindesk, XRP briefly surpassed $3 during early trading hours in the U.S., marking the first time since early January 2018, before slightly retreating. As of the time of writing, it is trading at $2.95, up 11% in the past 24 hours.

Santiment data shows that whales have accumulated 1.4 billion XRP over the past two months, worth approximately $3.8 billion, and have continued to accumulate while the price has consolidated since the peak in early December.

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