The holdings on $XRP are improving, with whales continuously adding positions, indicating that someone is willing to take the initial position. However, the futures market remains fragile; the higher the leverage, the easier the price is to be repeatedly shaken out. In the short term, it seems more like the recovery expectations are strengthening, but whether it truly breaks out depends on whether spot prices follow suit, and whether a liquidation wave will first push the market back down. $XRP $USTC