XRP Whales Buy the Dip: 120M Coins Accumulated as SWIFT Sparks Bullish Buzz

Despite XRP’s pullback, whales remain bullish, snapping up 120M coins as the XRP Army celebrates SWIFT’s positive remarks on Ripple’s acquisition.

XRP Whales Buy the Dip: 120M Coins Accumulated as SWIFT Sparks Bullish Buzz. Source: Shutterstock
Source: Shutterstock

Whales Buy the Dip

Amid XRP’s current swings, whales are doubling down, buying the dip instead of throwing in the towel.

Calling out this development, renowned market analyst Ali Martinez pointed out, “120 million XRP bought up by whales on the dip.”

Source: Ali Martinez
Source: Ali Martinez

At the current price of $3.10, the 120 million XRP are worth a whopping $372 million, suggesting that whale confidence in the altcoin remains rock solid.

Meanwhile, in a swift market jolt, XRP whales scooped up roughly 900M tokens in just 48 hours this week, a buying spree first flagged by Martinez.

Therefore, these analyses by Martinez indicate that whales are continuously seizing the dip, a move that often signals strong confidence in the asset’s future.

XRP Army Buzzes After SWIFT Executive Reacts to Ripple’s $200M Rail Acquisition

The XRP Army has erupted after a senior SWIFT official appeared to publicly acknowledge Ripple’s strategic momentum following its reported $200 million agreement to acquire stablecoin-payments platform Rail, a deal that’s already reshaping the narrative around cross-border rails and stablecoin settlement. 

A LinkedIn conversation revealed by crypto researcher SMQKE sent sentiment soaring when Franz Steinbeib called the Rail purchase 'Ripple’s $200M Checkmate.' 

SWIFT’s Chief Innovation Officer Tom Zschach replied, 'Another “checkmate” moment,' noting the payments race is 'nowhere near over' and 'just got a little more crowded,' a brief remark that triggered optimism.

Many in the XRP camp saw Zschach’s words as grudging recognition. Analysts and social posts highlighted the exchange as proof that incumbents are monitoring Ripple, with the Rail deal accelerating its ability to connect stablecoins to bank-grade payout rails. 

Supporters say the acquisition strengthens Ripple’s stack, linking RLUSD and Liquidity solutions to infrastructure banks and corporate trust.

On the other hand, skeptics read sarcasm in Zschach’s 'another' remark, noting SWIFT emphasized rivalry and regulatory oversight. 

Nevertheless, the split reaction highlights a broader truth that competition between legacy networks and blockchain-native firms will intensify through standards, integrations, and regulatory frameworks, not a single decisive win.

This development is coming at a time when the established SWIFT network is facing growing pressure from faster, cheaper blockchain alternatives, such as the XRP Ledger (XRPL).

For instance, SWIFT’s transaction volume recently dropped by 15% whereas XRPL’s activity continued to surge. 

Conclusion

Zschach’s comment signals perspective. For XRP holders and payments architects, the Rail purchase and SWIFT’s response make it clear that the race to modernize cross-border settlement has accelerated, with victories to be decided by clients, compliance, and live integrations.

On the other hand, the substantial whale accumulation of 120 million XRP, reflects investor confidence in XRP's long-term prospects, even amid short-term market volatility.