XRP Whales Hoard Over 300 Million Tokens Amid 25% Price Surge
XRP whales have been accumulating tokens at an unprecedented rate, adding over 300 million XRP in just 96 hours as the price surged more than 25%. According to Crypto analyst Ali Martinez, large investors purchased approximately 300 million XRP during this period.
The accumulation has accelerated during the latest rally, which has seen XRP break higher from the $1 area. On-chain data shows that average XRP spot order sizes have remained in the 'big-whale' range throughout 2026, suggesting that large investors have continued to accumulate despite XRP's prolonged weakness.
The trend does not guarantee that XRP will continue rising, but it suggests that some large holders have been willing to accumulate during periods of weakness. The latest rally has also been accompanied by increased derivatives activity, with XRP open interest on Binance reaching its highest level in two months at approximately $461.3 million.