XRP $XRP is once again in the spotlight as on-chain data reveals unprecedented levels of whale accumulation, signaling rising institutional confidence and a potential setup for a price breakout.
š Whale Wallets Reach Record Levels
As of July 2025, the number of XRP $XRP wallets holding at least 1 million XRP has surged to a new all-time high of 2,743 wallets, collectively controlling 47.32 billion XRP$XRP . This sharp increase in holdings coincided with a 26% price rally, pushing XRP from around $2.85 to as high as $3.11.
According to technical analysts, XRPās weekly chart is showing a "compound fulcrum" patternāoften interpreted as a bullish setupāwith projected targets around $4.47, should the breakout materialize.
š Massive Whale Transactions Fuel Market Speculation
Large-scale whale transfers continue to draw market attention. Notable examples include:
March 2025: A private whale moved 167M XRP (~$367M) between wallets, sparking speculation on accumulation vs. liquidation strategies.
May 2025: Two transactions totaling 370M XRP (~$782M) included a 300M XRP movement from a Ripple-controlled addressāraising questions about institutional realignment or preparation for future moves.
š» Selling Pressure Plummets
By July 21, 2025, whale-to-exchange flows dropped sharplyāby 94%, from 43,575 XRP to just 2,339 XRP. This dramatic decline signals a clear reduction in selling intent among large holders. Simultaneously, more short-term investors are holding rather than trading, stabilizing XRP near $3.50.
Key technical resistance is now seen at $3.59, with upside targets potentially reaching $4.64, assuming current momentum continues.
š¬ Bullish Sentiment Spreads Across X
The crypto community on X (formerly Twitter) is abuzz with optimism. Several whale positions opened in mid-July reflect strategic confidence:
$1.52M long at $3.47
$4.3M long at $2.91
$6.7M long at $3.16
These sizeable bets have further fueled bullish sentiment among retail and institutional traders alike.
āļø Regulatory Overhang Still in Play
The ongoing Ripple vs. SEC lawsuit remains a crucial variable. A pivotal appellate brief is expected by April 16, 2025, and its outcome could significantly influence whale behaviorāespecially if it paves the way for a potential XRP-spot ETF approval.
Meanwhile, SBI Global Asset Management's CEO recently referred to XRP as a āgenerational wealth transfer,ā reinforcing the tokenās long-term institutional appeal.
ā ļø Price Risks Remain
Despite bullish trends, XRP hasnāt been immune to volatility. After peaking at $3.13 in early July, it briefly retraced to $2.39āa drop partially driven by broader market shifts and earlier whale sell-offs (e.g., 130M XRP in February).
Analysts caution that while accumulation trends are promising, regulatory clarity and macro conditions remain key to sustaining long-term growth.
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š Current Price (July 29, 2025): $3.11
š 24h Change: ā2%
Whale-driven momentum is evidentābut the road ahead hinges on legal outcomes, ETF approvals, and broader market sentiment.
