Massive 340 Million XRP Whale Buying Spree Signals Bottom as Corporate Treasuries Join Rally ⋆ ZyCrypto
The post Massive 340 Million XRP Whale Buying Spree Signals Bottom as Corporate Treasuries Join Rally ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Recent on-chain data shows large XRP holders aggressively buying into dips, raising hopes of a turnaround. Analysts report that whale wallets (holding 10–100 million XRP) have accumulated roughly 340 million XRP in the last two weeks. This buying binge happened even as XRP traded near key support around $2.75–$2.80. Analysts note that such heavy accumulation by big players often precedes price rebounds, especially when accompanied by positive market catalysts. Whale Accumulation Signals Bullishness On-chain analytics confirm the massive inflow to XRP wallets. Santiment data show that wallets holding 10–100 million XRP purchased approximately 340 million XRP over a two-week period ending late August. Crypto analyst Ali highlighted this trend, tweeting, “Whales have bought 340 million $XRP in the last two weeks!” These large addresses now control roughly 7.84 billion XRP in total. As whales buy into weakness, retail selling pressure may be absorbed. Advertisement
  In fact, whale transfers to exchanges have sharply declined – data show Binance inflows of 100k–1M XRP fell 95% in late August – indicating holders are reluctant to sell. When combined with retail markers (like a taker buy/sell ratio dropping below 1), these on-chain signals are consistent with a market bottom forming. In short, long-term XRP holders seem confident at these levels, suggesting a bullish outlook. XRP Institutional Demand and Regulatory Catalysts Whale buying coincides with growing institutional interest. Tokyo-listed gaming company Gumi announced plans to buy about $17 million of XRP for its corporate treasury. Hyperscale Data (NYSE: GPUS) also said it will sell shares to fund purchases of Bitcoin and XRP. Meanwhile, derivative markets show strength: CME Group reported its XRP futures open interest just crossed $1 billion in just over three months. Such figures are a record pace, underscoring robust institutional positioning. Regulatory trends are also favorable. A U.S. appeals…
Filed under: News - @ September 9, 2025 1:28 am