XRP News Today: "Whales Stockpile Altcoins as Crypto Market Waits for Breakout or Bust"

The crypto market entered late 2025 with a mix of caution and optimism as large investors, or "whales," began accumulating specific altcoins ahead of potential December gains. While Bitcoin (BTC) stabilized above $87,500, the broader market saw muted growth, with total market value rising just 0.23% to $3.02 trillion. Among the most notable developments was the aggressive accumulation of Ethena (ENA) by its development team, Ethena Labs, which withdrew over 150 million ENA tokens-worth $88.67 million from centralized exchanges like Coinbase Prime and Bybit. This move, according to on-chain analysts, signals long-term confidence in the project and reduces circulating supply, potentially bolstering price stability.

ENA's price surged over 13% in 24 hours, reaching $0.2962, as whale activity intensified. Wallets linked to Ethena Labs now hold 305.15 million ENA tokens, reflecting a strategic buy-and-hold approach. Technical analysts highlight a critical resistance zone at $0.30–$0.32, with a successful breakout potentially pushing prices toward $0.36. However, failure to sustain above $0.27 could trigger a retracement to $0.24.

The bullish sentiment is further reinforced by the token's fivefold increase in trading volume, suggesting renewed institutional interest.

Beyond ENA, crypto whales are also targeting XRP and Cardano (ADA) for December gains. XRP holders with over 1 billion tokens added 150 million XRP ($330 million) in late November, while the 10–100 million cohort accumulated 970 million XRP ($2.13 billion). This accumulation coincided with XRP's 16% weekly gain and a technical setup near $2.20, where a double-bottom pattern could catalyze a move toward $2.45. However, a drop below $2.11 would invalidate the bullish case, exposing support at $1.81.

Cardano's whale activity emerged as investors rotated into large caps. Wallets holding over 1 billion ADA added 130 million tokens, while the 10–100 million cohort accumulated 150 million ADA. ADA's recent 5% recovery to $0.41 aligns with a bullish divergence in the RSI, suggesting a potential reversal. A close above $0.43 could unlock a path toward $0.52, but a breakdown below $0.38 would weaken the setup.

The strategic accumulation by whales underscores their focus on assets with strong on-chain fundamentals and technical momentum. For ENA, Ethena Labs' buy-ins mirror historical patterns where protocol purchases preceded price rallies, with a $0.50 target in view if liquidity imbalances resolve favorably. Meanwhile, XRP's institutional adoption via Ripple's cross-border payment solutions and ADA's expanding DeFi integrations position them as viable candidates for year-end strength.

As December approaches, market participants will closely watch whether these whale-driven trends translate into sustained rallies. A favorable macro environment, such as the Federal Reserve's potential rate cuts, could amplify gains, but liquidity risks and broader market sentiment will remain pivotal.