XRP Whales Accumulate Quietly While Ether Trades Below Realized Value

Blockchain analytics firm CryptoQuant has identified large XRP spot buying orders that suggest major holders are quietly accumulating the token rather than driving a price breakout. Meanwhile, Ether is trading below its realized value, meaning the average holder is currently at a loss on their investment. This deeper level of capitulation in Ether gives it the strongest valuation case among the three major cryptocurrencies — Bitcoin, Ether, and XRP. CryptoQuant's analysis positions ETH as potentially undervalued relative to its historical cost basis compared to its peers.