Jakarta, Pintu News – A financial figure from France recently made waves in the market with a massive purchase of Ripple (XRP) worth $48.9 million. This move has sparked widespread speculation about the potential future price rise of XRP. Experts see this as early signs of a possible bullish trend.
A crypto expert, Pumpius, revealed that a French colleague with deep connections in the European financial sector had bought as much as 17.5 million Ripple (XRP). The purchase was made in a single transaction valued at nearly $49 million. Pumpius emphasized that this purchase was not an impulsive action, but rather a well-thought-out accumulation strategy.
People who make big purchases like this usually have predictions about big changes that will happen in the future. “These are not random purchases,” says Pumpius. “It’s strategic accumulation by people who understand what’s coming.”
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Ali Martinez, another analyst, pointed out a buy signal for Ripple (XRP) on the TD Sequential chart, a tool that identifies potential trend reversals. Martinez pointed out that the token’s recent consolidation might turn into an uptrend. Pumpius also emphasized the importance of retail investors in this community.
He praised those who invest small amounts, such as $100 or $500, as the basis of price stability. Big steps like the purchase by this French financial luminary are certainly eye-catching, but contributions from small investors are also very important.
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On the fundamental front, Ripple (XRP) is showing bullish signals. The US Securities and Exchange Commission (SEC) is scheduled to decide on six spot Ripple (XRP) ETF applications in October. Proposals from firms such as Grayscale, 21Shares, Bitwise, Canary Capital, CoinShares, and WisdomTree will be decided within the same week.
In addition, the recent launch of the REX-Osprey XRP ETF recorded a trading volume of $37.7 million on its first day, marking the strongest ETF debut of 2025. This demonstrates the high demand for regulated investment products. Meanwhile, the launch of the mXRP liquid staking token by Midas and Axelar also attracted attention, with over $22 million in funds coming in within a few days.
With a series of events supporting the potential price rise of Ripple (XRP), this large purchase by a French financial figure further strengthens the prediction that this month will be a bullish time for the token. Investors around the world may want to pay closer attention to this development as an indicator of the crypto market’s direction going forward.
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