Ripple Whale Transfers $5 Billion in XRP – Is a Major Market Shift Coming?

Jakarta, Pintu News – The Ripple whales have surprised the crypto market again with their massive moves. On-chain data revealed by a leading crypto analyst shows that more than $5 billion worth of XRP XRP0.76%->Current XRP PriceRp 38.1380.76%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 has been moved in the last 24 hours.

As a result, traders and investors have begun to show strong bullish sentiment towards XRP, along with increasing market optimism. Moreover, the prospect of US crypto reserves and the growing chances of ETF approval further boosted investors’ confidence in the asset.

XRP News: Ripple Whale Sends Shockwaves Through the Market

In recent days, whale investors have accumulated significant amounts of XRP, raising speculation that the altcoin is poised for a price rally.

Read also: WisdomTree Predicts XRP and Solana Will Dominate the 2025 Altcoin Season!

Recently, on-chain data showed that in the past week, whales holding between 100 million and 1 billion XRP have bought 1.34 billion XRP worth more than $3.26 billion.

In addition, major movements occurred in the last 24 hours (5/3/25), with over $5.37 billion worth of XRP being moved between wallets.

Many analysts believe that this accumulation could be a bullish signal, given that whales are not selling their XRP despite the 18% price drop earlier this week.

Key Factors Fueling XRP’s Surge

One of the factors that helped increase investor interest in XRP was the rumor that XRP would be included in the official crypto reserve of the United States.

In the latest announcement, Donald Trump is reportedly considering including XRP in the backup plan along with Bitcoin BTC0.56%->Current BTC PriceRp 1.375.944.0610.56%Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675, Solana SOL1.66%->Current SOL PriceRp 2.085.0171.66%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0, and Cardano ADA0.88%->Current ADA PriceRp 11.7800.88%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0.

In addition, speculation regarding the potential approval of an XRP ETF has also increased. Data from Polymarket shows the chances of XRP ETF approval reaching 78% by 2025, further strengthening investor optimism.

XRP Network Activity Surges

In addition to accumulation by whales, XRP’s on-chain activity also experienced a significant spike. In the last 24 hours (5/3/25), the number of active addresses on the XRP network jumped 620%, from 74,589 to 462,650. This surge indicates increased investor participation, which could potentially drive further price rallies.

Read also: Ethereum Developers Successfully Deploy Pectra Upgrade on Sepolia Testnet Ahead of Mainnet Launch!

As of March 5, 2025, the price of XRP is trading at around $2.45 (IDR 39,895), with strong support at $2.33 (IDR 37,912). If XRP is able to break the resistance at $2.70 (IDR 43,969), the price could climb higher and approach the psychological level of $2.95 (IDR 48,072).

Ripple vs SEC Lawsuit Developments

In addition to market factors, recent developments in the Ripple vs US Securities and Exchange Commission (SEC) lawsuit have also been a major concern for investors. Attorney Jeremy Hogan hinted that this lawsuit could potentially end sooner than expected.

Ripple’s CEO, Brad Garlinghouse, is also rumored to be attending the upcoming White House crypto summit, which could have a huge impact on the case.

The SEC itself just held a closed-door meeting on February 27, 2025, further fueling speculation that a legal settlement over XRP may be approaching.

Read also: Metaplanet Invests Another $44 Million in Bitcoin, Becomes Asia’s Largest BTC Holder!

Overall, with heavy accumulation by whales, speculation regarding an XRP ETF, a surge in network activity, and favorable legal developments, many analysts believe that XRP is gearing up for a major rally.

If this momentum continues, XRP could be one of the best performing crypto assets in 2025.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. XRP Whales Accumulation Could Set Price Up for Rally. Accessed on March 6, 2025
• CoinGape. XRP News: Ripple Whales Move Over 5 Bln Coins, What’s Happening? Accessed on March 6, 2025