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880 Million XRP In A Month. Here’s What Big Whales Are Doing

By: times tabloid|2025/05/10 23:45:04
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Ali Martinez (@ali_charts), a well-followed crypto analyst on X, recently drew attention to a notable surge in XRP whale activity.In a post accompanied by a chart from Santiment, Martinez revealed that holders with wallet balances between 10 million and 100 million XRP accumulated over 880 million XRP in the past month.The chart, covering the period from April 1 to May 8, 2025, shows a consistent upward trend in holdings by these large investors, rising from approximately 6.8 billion XRP to over 7.75 billion XRP.Whales have accumulated over 880 million $XRP in the past month! pic.twitter.com/SQWf2U1yZB— Ali (@ali_charts) May 8, 2025This accumulation coincided with a gradual increase in the asset’s price, which recovered from $1.74 in early April to $2.21 by early May. The synchronized rise in both whale holdings and price suggests that the significant capital inflows from large entities have contributed to the asset’s recent performance.Possible Catalysts Behind Whale BehaviorSeveral developments in April and May 2025 may have influenced whale confidence in XRP. One of the most notable developments was Ripple’s acquisition of Hidden Road, a prime brokerage firm, for $1.25 billion. This marks a massive milestone for the company, and it is the first crypto company to own and operate a global, multi-asset prime broker.Additionally, Ripple announced new developments in its cross-border payments infrastructure, including expanded partnerships with financial institutions and moves to drive adoption.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Another notable move made by the company was its $5 billion bid for Circle, the issuer of USDC, the second-largest stablecoin in the market. Circle rejected this offer, and recent reports suggest Ripple took things further with a $20 billion bid.While this offer has yet to be confirmed, the company’s aggressive push into the stablecoin market could significantly benefit XRP as adoption grows, and the whales who see something big on the horizon are accumulating the digital asset.Implications for Market ParticipantsThe consistent buying pattern observed among high-balance XRP wallets signals strong institutional or high-net-worth interest in the asset. While retail involvement also plays an important role, Ripple’s Chief Technology Officer (CTO), David Schwartz, recently emphasized the importance of institutional adoption for XRP and the broader market.Whales often have access to deeper market insights, and their positioning may indicate confidence in XRP’s mid-term potential. Although XRP’s price increase during the same period was modest compared to the volume of accumulation, the shift in supply concentration could also affect its trajectory, as accumulation could create scarcity and aid its price growth.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post 880 Million XRP In A Month. Here’s What Big Whales Are Doing appeared first on Times Tabloid.

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