Ripple Whales Engulf XRP with 300M Token Buying Spree
XRP whales have been on a buying spree, scooping up over 300 million tokens in just 96 hours. This massive accumulation of XRP coincided with a price increase of more than 25% within a 24-hour window.
The asset's price rose from $0.99 to an intraday peak of $1.245. Analyst Ali Martinez noted that the magnitude of these orders reflects an acceleration in institutional accumulation patterns.
Data from Santiment revealed that large wallet holders have been adding new addresses, typically a sign of technical consolidation phases preceding range breakouts. On-chain records from CryptoQuant showed that the average order size in the spot market remained within the tier categorized for large investors throughout 2026.