XRP Rebound Driven by Record "Whale" Accumulation!

The recent XRP price rebound was strongly correlated with a surge in accumulation by large holders, commonly referred to as “whales.” Data indicates that these investors used the weeks of price declines as a buying opportunity, rather than exiting the market.

I. Key Whale Activity and Record High

The primary signal for the rebound came from on-chain analytics firm Santiment, which reported a new all-time high in the count of wallets holding substantial amounts of XRP: Record Metric: The number of wallets holding at least 10,000 XRP reached an all-time high of approximately 317,500.Significance: This substantial increase suggests that mid-to-large-sized stakeholders were actively accumulating the token during the market pullback, demonstrating long-term conviction in the asset. This pattern is consistent with accumulation phases observed since XRP first broke above $1 in November 2024.

II. Supplementary Factors Fueling Optimism

Beyond the on-chain accumulation, other factors contributed to the positive market sentiment and the price recovery: Reduced Speculation: Open interest in XRP futures dropped to its lowest level since June. Analysts view this sharp decline in leveraged positions as a shift toward reduced speculative activity and more defensive investor behavior. Historically, such drops in open interest can signal market bottoms and selling exhaustion, paving the way for recovery.Corporate Strategy: Reports emerged that Ripple is preparing a $1 billion Digital Asset Treasury (DAT) company to manage and accumulate XRP as part of its long-term reserves, bolstering optimism about the firm’s commitment to the token’s long-term value.ETF Anticipation: Mounting speculation regarding the potential approval of a US Securities and Exchange Commission (SEC) XRP exchange-traded fund (ETF) has also fueled renewed institutional and investor interest.

Conclusion

The correlation between the price rebound and the record number of wallets holding 10,000+ XRP strongly suggests that large holders view the recent dip as a significant buying opportunity. This accumulation, coupled with reduced short-term speculation (lower open interest) and positive corporate news (Ripple’s DAT and ETF speculation), indicates growing long-term conviction in XRP’s future, reinforcing the asset’s resilience against market volatility.

Disclaimer

This article is for informational purposes only and is based on a third-party analysis of market data. The views expressed do not constitute financial or investment advice. Accumulation patterns by large holders do not guarantee future price increases. The cryptocurrency market is volatile, and all investment decisions should be preceded by thorough personal research (DYOR) and consultation with a qualified financial advisor.