XRP News Today: XRP Whale Activity Surges 26% as Price Climbs

XRP has experienced a significant increase in whale activity this summer, with data from Santiment indicating that 47.32 billion XRP are currently held by crypto wallets containing at least 1 million tokens. This figure is just shy of the all-time high, suggesting a substantial accumulation by large holders.

In recent weeks, there has been notable movement among these whales. Santiment reported that whales added 150 million XRP in just 48 hours during mid-March, a pattern that historically has been a bullish indicator for the cryptocurrency. This activity suggests that deep-pocketed investors are confident in XRP's potential for a major upward move, despite the current price range of $2.98 to $3.41.

The number of wallets holding between 1 million and 10 million XRP has also increased, now accounting for nearly 10% of the total supply. This surge in whale holdings coincides with a 26% increase in XRP's price, indicating a strong correlation between large holder accumulation and price movements. Additionally, the number of daily active addresses on the XRP ledger has surged seven-fold from earlier quarters, further supporting the idea that increased user activity and whale accumulation often precede significant price breakouts.

Despite the slow recovery in price, these on-chain shifts are significant. XRP is currently trading in the range of $2.98–$3.41, below its previous cycle high of $3.84. A large whale holding billions in XRP, coupled with Ripple's pursuit of a banking license, suggests that institutional progress is driving this accumulation, which is a bullish signal for the price trajectory.

However, the price zone between $2.98 and $3.41 has proven to be resistant. For the whale-driven buildup to be validated, the price needs to close above this range. Retail interest remains muted, which could make the rally fragile and susceptible to a reversal if whales decide to sell after reaching their peak.

Historically, whale accumulation has correlated with significant rallies in XRP. The rally in Q4 2024 followed positive whale flow signals and on-chain momentum, suggesting that the current confluence of factors could lead to a similar rally in Q4 2025. However, past surges have also ended in sharp retracements, indicating that while the current conditions are favorable, caution is warranted.

XRP is showing signs of deliberate accumulation by institutional-level holders. Key on-chain metrics, including whale flows, wallet growth, and daily address use, support this thesis. With coin flows, ETP inflows, and Ripple’s bank license bid all aligning, the stage is set for a potential rally. However, for this accumulation to translate into a full-scale rally, XRP will need to break through $3.93 and sustain volume. If whales hold their positions and institutions step in, the next all-time high—$3.84 or beyond—may be within reach.