XRP News Today: Whales Accumulate 880M XRP Tokens, Price Surges 27%

In recent weeks, the cryptocurrency market has witnessed a notable surge in the accumulation of XRP by large holders, commonly referred to as whales. According to a well-followed crypto analyst, Ali Martinez, these whales have accumulated over 880 million XRP tokens in the past month. This significant accumulation suggests a growing confidence in XRP’s potential trajectory and indicates that major players are positioning themselves ahead of a possible rally.

The chart, covering the period from April 1 to May 8, 2025, shows a consistent upward trend in holdings by these large investors, rising from approximately 6.8 billion XRP to over 7.75 billion XRP. This accumulation coincided with a gradual increase in the asset’s price, which recovered from $1.74 in early April to $2.21 by early May. The synchronized rise in both whale holdings and price suggests that the significant capital inflows from large entities have contributed to the asset’s recent performance.

Several developments in April and May 2025 may have influenced whale confidence in XRP. One of the most notable developments was Ripple’s acquisition of Hidden Road, a prime brokerage firm, for $1.25 billion. This marks a massive milestone for the company, and it is the first crypto company to own and operate a global, multi-asset prime broker. Additionally, Ripple announced new developments in its cross-border payments infrastructure, including expanded partnerships with financial institutions and moves to drive adoption.

Another notable move made by the company was its $5 billion bid for Circle, the issuer of USDC, the second-largest stablecoin in the market. Circle rejected this offer, and recent reports suggest Ripple took things further with a $20 billion bid. While this offer has yet to be confirmed, the company’s aggressive push into the stablecoin market could significantly benefit XRP as adoption grows, and the whales who see something big on the horizon are accumulating the digital asset.

The consistent buying pattern observed among high-balance XRP wallets signals strong institutional or high-net-worth interest in the asset. While retail involvement also plays an important role, Ripple’s Chief Technology Officer (CTO), David Schwartz, recently emphasized the importance of institutional adoption for XRP and the broader market. Whales often have access to deeper market insights, and their positioning may indicate confidence in XRP’s mid-term potential. Although XRP’s price increase during the same period was modest compared to the volume of accumulation, the shift in supply concentration could also affect its trajectory, as accumulation could create scarcity and aid its price growth.

XRP is trading above the $2.35 mark, showing renewed bullish strength as it tests the upper range of a consolidation structure that has been forming since late March. This move is supported by a consistent uptrend of higher lows, which is now pressing against long-standing resistance. The broader crypto market is also experiencing a bullish phase, with Bitcoin soaring past $100K and Ethereum reclaiming the $2,200 zone. XRP, which has often been viewed as lagging behind major cryptocurrencies, is now showing notable relative strength compared to other altcoins. This strength is catching the attention of analysts and traders alike, who are turning their focus to XRP as it attempts to sustain this breakout.

The accumulation of over 880 million XRP tokens by whales is a significant bullish signal. Historically, such accumulation by large holders often precedes a major price movement. This suggests that smart money is positioning early ahead of a potential rally. If current momentum holds and XRP clears its immediate resistance levels, it could be set for a powerful continuation. All eyes are now on the $2.50–$2.80 range, where market dynamics could accelerate rapidly.

However, macroeconomic uncertainty remains a factor. Ongoing trade tensions and a sensitive global financial environment could impact investor sentiment. Despite this, if Bitcoin holds its ground and altcoin momentum persists, XRP could be one of the top beneficiaries. The coming days will be crucial in determining the next phase for XRP. A decisive move above $2.35 could open the door to a strong upward expansion, while holding support above $2.00 will be essential to prevent a retracement.

Backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle. The confluence of price structure, moving average support, and whale accumulation adds conviction to the breakout scenario. If current levels hold, XRP could become one of the strongest performers in the market’s next leg higher.