XRP Whale Accumulates 27 Million Coins from Binance Amid Price Dip, Signaling Potential Rally

  • Recent actions by an XRP whale have sparked speculations in the crypto community.
  • The investor amassed a significant amount of XRP from Binance during a price decline.
  • Despite continued market downturns, investor confidence seems undeterred.

Amidst a recent XRP price dip, a major whale continues to accumulate tokens, signaling potential future price surges.

Major Whale Increases XRP Holdings

In an interesting development, data from blockchain trackers reveals that an XRP whale has recently purchased 27 million tokens, valued at $13 million, from Binance. This accumulation took place during a dip, with prices falling to the $0.47 level, igniting discussions about the whale’s bullish outlook on XRP’s future.

Whale’s Purchase Strategy

The whale’s wallet address, identified as rarG6FaeYh…gFsPn2bZKk, shows a pattern of significant acquisitions of XRP whenever prices fall. This has led analysts to infer that the whale anticipates a price rally. Notably, the whale had previously acquired substantial amounts of XRP as the price fell below $0.50. This strategic accumulation reflects strong confidence in the asset’s potential resurgence.

XRP Market Trends

As of the latest data, XRP prices have been fluctuating, trading around $0.47. Despite the whale’s massive accumulations, the broader market trends have affected its short-term performance. Nevertheless, on-chain data points towards increased investor interest, with futures open interest and derivative volumes showing significant growth. This trend suggests that while the market remains cautious, there is underlying optimism about XRP’s long-term movement.

Conclusion

The recent activities of the XRP whale offer a glimpse into the confidence some investors have in the asset’s future performance. This substantial accumulation amidst price dips underscores a belief in potential price rallies ahead. While the market currently trades in the red, the whale’s actions serve as a positive indicator for other investors, promoting a cautiously optimistic outlook for XRP’s price trajectory.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

FalconX Transfers 13,322 ETH to Whale; Total 22,556 ETH (~$104.87M) Received in 4 Days

COINOTAG on September 15 cited monitoring by Onchain Lens,...

Bitcoin Liquidation Alert: $1.07B Shorts at $11.8K vs $678M Longs at $11.4K on Major CEXs

According to Coinglass data cited by COINOTAG on September...

Binance Lists Avantis (AVNT): Savings, Zero-Fee Instant Exchange, Capital Protection Yield & Margin Trading Launch Sept 15, 2025

Binance has confirmed the integration of Avantis (AVNT) across...

Binance Lists Avantis (AVNT): AVNT/USDT, AVNT/USDC & AVNT/TRY Spot Pairs Go Live Sept 15, 2025 (13:00 GMT+8)

Per the official announcement, Binance will list Avantis (AVNT)...

Gate Lists Boundless (ZKC) Perpetuals with 1–20x Leverage on Sept 15 — Trading Bots, Copy Trading & DCA Soon

Gate announced on September 15th that it will list...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img