XRP Whales Go on $560M Buying Spree as Accumulation Heats Up
According to leading on-chain analytics firm Santiment, XRP whales are back in action, and their latest moves have caught the attention of the entire crypto market. In the past week alone, large holders accumulated over $560 million worth of XRP, signaling renewed confidence in the digital asset after a quiet trading stretch.
Santiment data reveals that whale wallets are in one of their most aggressive accumulation phases in months, a pattern that has historically signaled major price moves, as large holders position ahead of market breakouts.
Why does it matter? Well, when whales accumulate, they pull supply off the market, setting the stage for sharper price moves once demand kicks in.
Notably, this surge in whale activity reflects strategic positioning ahead of potential institutional inflows or product launches that could boost XRP demand.
Interestingly, the timing aligns with delays in various XRP ETF approvals, hinting that smart money may be quietly building positions while the broader market looks away.
XRP’s 26% Volume Surge and Falling Reserves Hint at Major Upside Ahead
After weeks of relative calm, XRP appears to be stirring back to life. According to market analyst Crypto Paykash, the digital asset is “finally waking up” as both trading activity and on-chain dynamics flash early signs of renewed bullish momentum.
At press time, XRP trades at $2.63, marking a steady climb that’s beginning to catch traders’ attention. While the price move itself may seem modest, the underlying metrics tell a far more compelling story.
Trading volume has surged 26%, a clear indicator that market participants are stepping in. Rising volume often signals growing conviction, especially when it coincides with other bullish shifts in the data.
One of the most telling signals comes from the 3.36% drop in exchange reserves. This decline means that fewer XRP tokens are sitting on centralized exchanges, where they are easily sold.
Instead, the tokens are likely moving into private wallets or cold storage, a classic sign of whale accumulation. When large holders start pulling coins off exchanges, it often reflects long-term confidence and a belief that prices are poised to rise.
Therefore, this combination of rising demand and tightening supply paints an encouraging picture for XRP bulls. As trading volume expands and available tokens shrink, upward pressure tends to build, creating what Paykash calls “a recipe for upside.”
Market sentiment toward XRP is turning bullish after months of consolidation. Analysts note the token is establishing a firm base above key support levels, a setup that could fuel a sustained rally if momentum keeps building.
Conclusion
XRP’s recent whale accumulation marks one of the strongest buying phases in months, a bold vote of confidence from major investors. While not a guarantee of an immediate rally, such large-scale accumulation often signals pivotal market shifts. With demand rising and supply tightening, XRP may be gearing up for its next major breakout.
On the other hand, XRP’s surging trading volume and shrinking exchange reserves signal rising investor confidence and strategic whale accumulation. This tightening supply dynamic could be the spark for XRP’s next major rally.
While short-term volatility may persist, on-chain data increasingly points to a bullish setup, hinting that XRP’s long-awaited breakout may finally be near.
