In contrast, wallets holding more than 100,000 XRP fell to 32,054. That shift showed retail participation growing while large-holder participation weakened.
Derivative data also reflected softer conviction. Open interest in XRP futures stood near $2.50 billion, while trading volume fell sharply. Lower leverage and weaker volume often reduce the chance of a strong breakout.
As a result, the weekend close on XRP/BTC has become a signal for the near-term market. If XRP finishes the week above 0.000021 BTC, recovery hopes may stay alive. If not, traders may focus on the deeper support zone near 0.00000722 BTC.