XRP whale accumulation and bullish price targets lift sentiment as theft losses continue

xrpl.to says the D'CENT App Wallet drain is still ongoing, with 640,370 additional XRP stolen since September 21. Total losses have reached about 12.4 million XRP across 7,393 wallets, and XRP holders are warned not to send funds to old App Wallet addresses.
AI Analysis
The summary reports an active wallet drain, additional XRP stolen, and total losses rising to 12.4 million XRP across thousands of wallets. This is directly negative for XRP holders and can affect short-term trading sentiment.