- Whales bet $25 million on XRP before policy release.
- XRP funding rate surges as bullish sentiment gains strength.
- White House crypto report may redefine XRP’s regulatory status.
Over $25 million in long positions have been placed on XRP as crypto whales make bold moves ahead of the White House’s expected crypto policy release. These large bets highlight growing market optimism that the upcoming report could favor XRP’s long-term regulatory and institutional outlook.
According to Irma Analytics, XRP is consolidating within a bullish pennant pattern after recently breaking through the $3.66 resistance. With this structure in place, analysts expect the price to rally to 63 percent by hitting the $5.96 mark due to renewed demand and momentum.
Blockchain data from July 27 supports this bullish setup. It shows whales accumulating approximately 310 million XRP tokens during a brief market dip.
This accumulation increased whale holdings from 23.55 billion to 23.86 billion XRP in a single day. At the same time, outflows in the exchange declined, which points to a transition to long-term holding instead of trading, which is a common precedent of price fluctuations.
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Source: Tradingview
White House Crypto Framework Spurs Institutional Action
The timing of this accumulation aligns closely with the anticipated release of the U.S. government’s 180-day crypto policy framework, mandated by a March 2025 executive order. It is expected that the report will give absolute regulatory functions to the agencies such as the SEC and CFTC, and even open a U.S. Digital Asset Reservation.
Market participants are watching to see whether XRP will be included alongside Bitcoin and Ethereum in federal holdings. This would significantly change XRP’s regulatory status and may augment its institutional popularity.
Ripple has also recently been awarded a U.S. patent for a trust-based instant cross-border payment solution. The development eliminates whole network confirmations, which might increase XRP usage in practice concerning financial transactions.
Funding Rate Spike Confirms Bullish Trader Sentiment
Further validating the market’s bullish outlook, Coinglass data shows that XRP’s OI-weighted funding rate spiked sharply in mid-July. This was in line with the surge in prices and whale accumulations, which is indicative of traders paying to open long positions.
Source: Coinglass
This is propelled by policy expectations and echoed directly in the surge of funding rates as a sign of greater conviction.
Focusing on market activity, interest in XRP is glaring since whales have bought into long positions worth $25 million in anticipation of a regulatory game-changer.
With strong technical indicators, rising funding rates, and institutional accumulation, investors are betting on a favorable outcome from the White House report that could push XRP into a new phase of growth.
Also Read: SEC Approves In-Kind Crypto ETFs in Major Boost for Bitcoin and Ethereum
