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$2.9 Billion XRP in 48 Hours Raises Eyebrows – Here’s What Happened

$2.9 Billion XRP in 48 Hours Raises Eyebrows – Here’s What Happened

  • XRP whales have accumulated 900 million XRP worth over $2.8B in just two days.
  • The buying spree began as XRP recovered from below $3 to above $3.20.
  • Analysts see potential for a breakout above $3.40.

XRP’s recent price action has been impressive, and large holders, often referred to as “whales,” appear to be doubling down on their bets. On-chain data shared by market analyst Ali Martinez reveals that addresses holding between 100 million and 1 billion XRP have collectively purchased 900 million XRP in just two days.


Based on XRP’s trading price during that period, this haul is worth more than $2.8 billion, underscoring significant confidence from deep-pocketed investors despite the broader market’s recent pullback.


Price Impact and Timing of Accumulation

The whale buying spree began in late July, coinciding with a recovery in XRP’s price from sub-$3 levels to highs above $3.20. Historical data suggests that such heavy accumulation phases by large holders often precede major rallies, as supply in the open market tightens and sentiment improves.



While XRP slipped into the red zone during mid-day trading sessions this week, the aggressive accumulation trend has provided a counterweight to the selling pressure, helping to stabilize prices above $3. Some traders now believe this could be the early stages of a breakout run toward new all-time highs, provided momentum holds.


Also Read: Ripple Under Fire as Analyst Exposes XRP Insider Control and Lost Market Edge


Market Context: Whales as a Price Catalyst

Whale accumulation is often viewed as a bullish signal in crypto markets, as it implies that investors with significant capital are positioning for potential gains. According to on-chain analysis, the latest wave of buying mirrors patterns seen before past XRP rallies, including the run-up earlier this year.


xrp whale activities

Source: Ali Martinez/ X

Analysts point out that whale activity doesn’t always lead to immediate price jumps. However, when combined with positive technical setups and favorable news, such as ETF speculation or institutional adoption, it can act as a powerful catalyst.


Broader Sentiment and Future Outlook

XRP remains one of the most actively traded cryptocurrencies by volume, supported by a loyal retail base and increasing interest from institutional players. Ripple’s growing network in cross-border payments, along with its recent regulatory win in the SEC case, could reinforce bullish momentum in the months ahead.


For now, all eyes are on whether the current whale-led buying pressure can push XRP past resistance levels near $3.40. A successful breakout could open the door to a retest of the $3.65 all-time high set earlier this summer, and potentially beyond.


Also Read: Ripple’s Surprise $3.28B XRP Unlock Sparks Frenzy in Crypto Community