Whale Scoops Up $750 Million in XRP — Is a Price Surge on the Horizon?

Updated

August 29, 2025

Gambar Whale Scoops Up $750 Million in XRP — Is a Price Surge on the Horizon?

Jakarta, Pintu News – On August 18, XRP was trading quietly around the $3 mark, with minimal movement and a slight gain of 3% on the week.

However, in the past three months, the value rose by 35.4%, showing a steady long-term upward trend.

Currently, the combination of whale activity, declining XRP balances on exchanges, and price movement near important levels indicates the potential for a breakout.

Whales Adds $750 Million Stake in XRP

One of the clearest signals came from the large holders, often referred to as whales. Since mid-August, groups holding between 10 million and 100 million XRP have added around 250 million tokens.

At a valuation of $3 per token, this accumulation is equivalent to about $750 million. Whales usually buy in bulk when they expect the price to rise. These consistent additions, despite the XRP price remaining flat, indicate confidence that an upward trend may be forming.

XRP Balance on Exchanges Drops to Lowest Point in a Year

This whale activity is in line with another important metric – XRP balances on exchanges. In the last three weeks, XRP reserves on exchanges fell from 3.77 billion to 3.27 billion XRP, a decline of about 13.3%.

This is the lowest level in a year. A decrease in the amount of XRP on exchanges usually indicates less short-term selling pressure, as traders move their coins to their personal wallets for storage rather than sale.

In previous cases, similar drops often coincided with price spikes. For example, between May and June, a drastic drop in exchange reserves was followed by a price increase from $2.10 to $2.32 in just a few days. Based on the chart, the lowest point of balances on exchanges often precedes the XRP price rally.

Therefore, the drop in XRP balances on exchanges to a one-year low could be a key trigger for the breakout.

XRP Price Action and Breakout Levels

All of these signals directly relate to XRP’s current price movement. For several weeks, XRP has been moving in a narrow range and struggling to break upwards.

The first important level is $3.01, which has repeatedly been a strong resistance and has again restrained XRP’s price increase.

Above that, the $3.16 level is the next concern. However, the real breakout test is at $3.33 – where there was a lot of price rejection before. If the price can close the day strongly above this level, the path to the record high of $3.65 could be open.

However, the bullish outlook will be nullified if the price drops below $2.72. If that happens, XRP could form a new local low.

For now, the XRP price is still in a decisive position. Whales continue to buy, reserves on exchanges continue to decline, and momentum seems to be building. If all these signals align, traders may soon witness whether XRP is able to break higher.

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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.

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