🚨 XRP Whales Move $998.1M: Breakout Signal or Smart Accumulation?
The XRP ($XRP) market is heating up as whale activity spikes — nearly $998.1M worth of XRP moved in synchronized transfers, sparking bullish speculation. Analysts say this could be the start of a breakout rally.
🔍 Coordinated Whale Moves Raise Eyebrows
Two identical transfers of 153.2M XRP each from Uphold to the same wallet (totaling 306.4M XRP) happened within 60 seconds. Minutes later, 9.2M XRP was moved from Coinbase to another wallet. This level of timing points to deliberate, large-scale accumulation.
📊 Whales Now Control 14% of XRP Supply
Wallets holding 10M–100M XRP added 130M+ XRP in just one day. Now, they collectively hold 8.31B XRP (14%) of circulating supply — a record high.
Meanwhile, whale-to-exchange outflows have dropped 93% since July, suggesting less sell pressure and hinting at a potential supply squeeze