XRP News Today: XRP Whales Accumulate 120M Tokens Amid Price Dip and SEC Case Drop

Large XRP holders, known as "whales," have been actively accumulating the token during its recent price dip, sparking speculation about a potential bullish reversal in the market. According to recent on-chain data, whales have purchased up to 120 million XRP tokens as the price corrected from previous highs, signaling a shift in sentiment toward the asset [1]. This trend aligns with broader confidence in the market, particularly after the U.S. Securities and Exchange Commission (SEC) dropped its legal case against Ripple, which many believe has boosted institutional interest [2].

Unlike typical bearish scenarios where whales tend to offload holdings, the recent trend shows a different pattern. Whale wallets have been aggressively buying large volumes of XRP, especially during volatile price movements. One notable purchase involved 320 million XRP tokens, valued at approximately $1 billion, over the span of three days [3]. Such large-scale accumulation not only reduces the circulating supply but also reinforces the notion that whales are positioning for a long-term price increase.

However, the picture is not entirely unified. Blockchain intelligence reports indicate that some whale wallets have been unloading approximately $1.9 billion worth of XRP in the same period [4]. This divergence in whale behavior suggests that while some are accumulating, others are locking in profits or hedging against potential market uncertainty. This mixed activity reflects the complex dynamics of institutional and high-net-worth investors in the cryptocurrency market.

The dip has also reignited interest in Ripple’s potential for an XRP ETF filing. Ripple CEO Brad Garlinghouse’s previous comments on the subject have resurfaced, drawing attention to the possibility of increased institutional adoption and liquidity [5]. Technical analysts have noted a bullish flag pattern forming on XRP’s price chart, with one analyst forecasting a potential move toward $5, particularly as whale accumulation continues amid the dip [6].

Despite the significant buying by whales, not all observers believe XRP is the main target of these strategies. Some reports suggest that whales are redirecting capital toward other altcoins, with one token described as "the new XRP" attracting attention for its potential 50x returns [8]. This shift underscores the fluid nature of crypto market behavior, where whale activity can pivot quickly based on market conditions and opportunities.

On-chain data also indicates a reduction in selling pressure, with XRP’s price currently hovering around a key resistance level of $3.66 [9]. This consolidation within a tight range suggests that a breakout in either direction is possible, depending on the interplay of whale activity, broader market sentiment, and regulatory developments. Traders are closely monitoring the situation for signs of institutional interest and further price direction.

Source:

[1] Coinpaper - XRP Whales Go All In 120M Coins Accumulated As Swift Sparks Bullish Buzz (https://coinpaper.com/10526/xrp-whales-go-all-in-120-m-coins-accumulated-as-swift-sparks-bullish-buzz)

[2] AInvest - XRP News Today: XRP Whales Accumulate 120M Tokens... (https://www.ainvest.com/news/xrp-news-today-xrp-whales-accumulate-120m-tokens-sec-drops-case-boosting-market-confidence-2508/)

[3] Yellow.com - Massive 320 Million XRP Purchase by Whales Signals Potential Price Surge (https://yellow.com/news/massive-320-million-xrp-purchase-by-whales-signals-potential-price-surge)

[4] The - XRP Price Prediction: Whales Stir As XRP Slips 2% But... (https://m.economictimes.com/news/international/us/xrp-price-prediction-whales-stir-as-xrp-slips-2-but-clings-to-3-20-breakout-or-sharp-reversal-ahead/articleshow/123305008.cms)

[5] The - XRP Price Outlook As Ripple CEO's ETF Comments Resurface (https://www.thecoinrepublic.com/2025/08/15/xrp-price-outlook-as-ripple-ceos-etf-comments-resurface/)

[6] TheTradable - XRP Price Prediction: Why One Analyst Thinks $5 Is Coming After $1B Crypto Bloodbath (https://thetradable.com/crypto/xrp-price-prediction-why-one-analyst-thinks-5-is-coming-after-1b-crypto-bloodbath-0--v)

[8] CoinCentral - XRP Price Dips With Market Crash, But Whales Aren't Buying the Blood (https://coincentral.com/xrp-price-dips-with-market-crash-but-whales-arent-buying-the-blood-they-are-eyeing-rtx-for-a-50x-play/)

[9] BeInCrypto - XRP Price Eyes Breakout (https://beincrypto.com/xrp-price-eyes-breakout/)