HomeMarket NewsXRP

17,555,420 XRP in Single Purchase – Another Insider Move?

17,555,420 XRP in Single Purchase – Another Insider Move?

  • Pumpius revealed a French financial insider purchased 17.5M XRP (~$48.9M) as part of a long-term strategic accumulation.
  • He suggested wealthy individuals and insiders are quietly loading up on XRP in preparation for structural shifts in global finance.
  • Recent on-chain moves exceeding $800M in XRP show whales mobilizing liquidity.

Popular crypto pundit Pumpius revealed that a close French associate, described as being “deeply plugged into European finance,” has made a massive purchase of 17,555,420 XRP, valued at approximately $48.9 million.


The acquisition, he stressed, was not the result of speculation but part of a strategic accumulation plan.


Strategic Moves by the Elite

“These aren’t random buys. These are strategic accumulations by people who understand what’s coming,” Pumpius stated.  His comment suggests that high-net-worth individuals and financial insiders are quietly positioning themselves ahead of potential structural shifts in global finance.


According to him, these acquisitions represent long-term preparation rather than short-term trading opportunities.


Also Read: Popular Pundit Sends Important Message to XRP Holders



The disclosure adds to a growing narrative within the XRP community that institutional players and financial elites are quietly building positions while retail investors remain focused on daily price swings.


Pumpius implied that such purchases underscore deep confidence in XRP’s role in future financial infrastructure.


“When the elites quietly load up XRP, it’s not a trade, it’s preparation,” he said, highlighting the belief that XRP will play a central role in the coming financial reset.


Large Whale Movements Echo the Narrative

While Pumpius’s disclosure may be anecdotal, it aligns with several high-magnitude transactions publicly recorded across XRP’s blockchain. These on-chain moves help frame a broader picture of institutional interest and positioning:


In recent days, whales moved over $800 million in XRP, including transfers of 135.54 million XRP ($397 million) and 141.81 million XRP ($415 million) between unknown wallets.


Also, a $58 million transfer (≈20 million XRP) from Upbit to an anonymous wallet has drawn attention, with analysts suggesting such moves are consistent with strategic accumulation rather than distribution.


Another recorded move involved 141,818,659 XRP (~$415.6 million) between Kraken-linked addresses, which some believe to be internal exchange wallet shuffling rather than directional selling.


These transactions indicate both liquidity mobilization by large stakeholders and the possibility that Pumpius’s cited purchase is part of a larger accumulation wave.


What This Means for XRP

If Pumpius’s claimed purchase is genuine and representative of what insiders are doing, it could reinforce a narrative of positioning ahead of macro or regulatory catalysts. Meanwhile, on-chain whale flows lend credence to the idea that large holders are quietly shifting capital away from exchanges and into long-term custody.


For observers, the key will be watching whether future on-chain transfers coincide with price movement, and whether supply off exchanges continues to tighten. That said, as always, it’s essential not to conflate large transfers with active buying until matched by volume and market reaction.


Also Read: XRP’s October Performance: Why ‘Uptober’ Is More Myth Than Reality