Whales Snap Up $962 Million in XRP Over 2 Weeks – Is the $4 Milestone Within Reach?

Jakarta, Pintu News – Ripple rose by 1.06% on August 31, reversing the 6.32% decline that occurred last week.

Analysis shows that during the recent price drop, some investors accumulated XRP, possibly in preparation for a price rally. Furthermore, the AMBCrypto page explores how this could develop for the asset.

Massive Accumulation by Whale

Investors continue to buy despite the price drop. Data from Santiment shows that during the price drop over the past two weeks, whales bought 340 million XRP worth approximately $962 million at $2.83.

Read also: 3 Biggest Crypto Gainers in a Month, Number 1 Up 113%!

This large-scale accumulation indicates that the whales see the market downturn as an opportunity to buy in bulk.

Retail investors are also getting in on the act. Data from CoinGlass via Spot Exchange Netflow reveals that $268 million worth of XRP has been withdrawn from exchanges over the past ten days.

Accumulations like this often provide support for assets to move higher, encouraging potential price rallies. If new liquidity begins to flow back into the crypto market as a whole, XRP could get a boost from such momentum.

Support from Derivatives and Whale

Fund flows in the derivatives market are aligning with the actions of whales and spot investors. At the time of writing, the group is showing significant liquidity inflows from long position traders.

Data from CoinGlass shows that XRP’s Funding Rate turned positive at 0.0075% (31/8). This indicates that there is new liquidity coming in from long positions, as traders pay fees to maintain their bets that the price will rise.

In addition, Open Interest also increased in the last 24 hours, reaching around $8.02 billion.

A rise in Open Interest does not necessarily mean a bullish or bearish signal directly; it simply indicates more capital is at stake. However, when combined with a rising Funding Rate, it suggests that the majority of new fund flows are being controlled by long traders.

Read also: Whale Investor Buys More XRP on Bullish Ripple Outlook

Triangle Pattern Signals $4 Target

The market structure shows that XRP is moving to form adescending triangle pattern near the $2.80 support area. Consolidation zones like this often reflect a phase of silent accumulation before a spike in volatility.

At the time of writing, XRP is testing the support level within the channel – which could potentially be a spike point for further gains and a possible breakout of the resistance level.

If this breakout does occur, projections from the daily chart suggest that XRP could attempt to reach new highs, with the potential to touch the $4 price area.

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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:

• AMB Crypto. Whales scoop $962M XRP in 2 weeks – Is $4 closer than you think? Accessed on September 2, 2025