The latest data shows that there has been a significant increase in large XRP transfer activities, with the number of transfers in the past day reaching the highest level since 2015. This phenomenon has attracted widespread attention from the market.

Despite the continuous accumulation by large holders, the price of XRP remains relatively stable. Historical data shows that similar horizontal accumulation behavior usually indicates a potential strong rise in the future.

Technical analysis shows that XRP is forming a descending channel, a pattern similar to the rise from $0.6 to $3.6 in mid-2024. Market analysts point out that a bullish flag pattern is currently forming, and if it breaks the current trend line, XRP's price is expected to challenge the $4 mark.

At the same time, the approval decisions for XRP-related ETFs are imminent. The U.S. Securities and Exchange Commission is expected to respond to multiple proposals between October 18 and November 14. This will undoubtedly become the new focus of the market.

During this critical period, investors should closely monitor the movements of large holders and changes in regulatory policies. Market opportunities coexist with risks, requiring careful assessment and timely actions.