XRP Whales are becoming more active once more as the crypto market picks back up. They seem to have taken advantage of the small decline in prices to load up their bags over the last month, leading to a significant uptick in the number of tokens they hold on their balances.

In a post shared by crypto analyst @ali_charts on Twitter, XRP whales were revealed to have been stocking up their bags. The whales of concern here are the whales holding between 10 million to 100 million XRP on their balances.

The post showed that not only were they a lot of buying among these whales, but there were new entrants into this 10-100 million holder cohort. Around 50 new whales holding at least 50 million XRP on their balance were created in the last month. While on a broader scale, this cohort added a whopping 420 million XRP to their holdings in just one month.