XRP News Today: XRP Whale Accumulation Hits 0.56% Supply Amid Institutional Adoption, Analysts Target $45 Price Surge

Whales have accumulated 280 million XRP over the past 10 days, according to blockchain data, signaling a notable shift in sentiment among major holders. This activity, observed between July 5 and July 15, reflects strategic buying by institutional investors and high-net-worth individuals, with large volumes being moved into cold storage or long-term holding positions [1]. The scale of the accumulation has drawn attention from market analysts, who note that similar whale behavior has historically preceded regulatory updates, network upgrades, or institutional partnerships.

On-chain tracking reveals that the purchases occurred amid a broader period of crypto market volatility. While retail traders faced over $594 million in liquidations during the same timeframe, whale activity diverged sharply, highlighting a contrast between short-term speculative strategies and long-term bullish positioning [1]. The 280 million XRP acquisition represents a significant portion of the token’s total supply—approximately 0.56% of the 49.9 billion tokens in circulation—but its impact on liquidity and trading patterns may be more pronounced in decentralized and over-the-counter markets.

Analysts have linked the accumulation to XRP’s ongoing institutional adoption, particularly in cross-border payment use cases. Ripple’s progress in markets such as Asia and the Middle East has reinforced the asset’s utility, making it an attractive target for investors seeking exposure to infrastructure-driven blockchain applications. One analyst cited in Bipns forecasts a price target of $45 for XRP, attributing the potential upside to recent institutional inflows [2]. However, this projection remains speculative, as XRP’s performance will depend on broader market conditions, regulatory clarity, and adoption of its payment solutions.

The timing of the purchases aligns with Ripple’s ongoing legal challenges in the U.S., which have long shaped XRP’s risk profile. The lack of immediate sell pressure from large holders suggests these investors view the token’s legal uncertainties as already priced into its valuation. Market observers caution that whale activity alone is not a guaranteed indicator of sustained price growth, but the reduction in circulating supply could create upward pressure if the trend continues.

Whale accumulation has historically served as a leading indicator for market dynamics. By removing large quantities of XRP from active trading, these buyers may be signaling confidence in the token’s future utility and resilience. If institutional adoption accelerates or favorable regulatory developments emerge, XRP could experience renewed bullish momentum, potentially breaking key resistance levels. However, such outcomes hinge on external factors beyond whale behavior, including macroeconomic conditions and technological advancements.

The 10-day buying spree has already sparked debate among traders, with some interpreting it as a sign of bottom-fishing activity during market dips. Others see it as a precursor to broader risk-on sentiment in the crypto sector. As the market digests these developments, on-chain metrics will remain critical for assessing the sustainability of the accumulation trend and its potential to influence price action.

Source:

[1] [Crypto Market Braces Against $594M Liquidations, But...] [https://blockzeit.com/crypto-market-braces-against-594m-liquidations/]

[2] [One Analyst Is Forecasting $45 As Institutions Continue To...] [https://bipns.com/one-analyst-is-forecasting-45-as-institutions-continue-to-buy-xrp/]