According to Santiment, Ripple whales holding between 1M-10M XRP have been on an accumulation spree. These whales are the most active tier of non-exchange holders and currently hold 6.12% of all $XRP”. In Q1 2022, the on-demand XRP liquidity for cross-border payments stood at $8 billion. This was 8 times more than the liquidity settlement for the same period last year.