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Whale Watch

XRP Whales Buy 65.32 Million Tokens Worth About $72 Million

XRP whales bought about 65.32 million XRP, roughly $72 million, in four days, lifting holdings above 4 billion even as spot XRP ETFs logged outflows.

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November 11, 2026, 02:37 PM UTC4 min read
AI SummaryAI
  • XRP whales bought about 65.32 million XRP, roughly $72 million, over four days.
  • Whale holdings returned above 4 billion XRP after the four-day buying streak.
  • XRP millionaire wallets hit their highest 2026 level last week.
  • Bitcoin whales sold over 34,000 BTC, about $2.6 billion, during the past week.

65.32 Million XRP in Four Days

XRP whales bought roughly 65.32 million tokens over the past four days, paying out close to $72 million, and the purchases lifted their combined balances back above 4 billion XRP. The figures come from whale-wallet tracking that market analyst Ali Martinez laid out in an X post. The same record carries a second marker: the number of wallets holding at least 1 million XRP rose last week to its highest level of 2026. Both series point to a renewed XRP whale accumulation phase, visible at the wallet level even while the market falls. The XRP price has slid through the same window, part of a wider pullback that has cut deeper into the largest crypto assets than into the market overall. Whales buying into that weakness matters for a mechanical reason. Balances above 4 billion coins give the largest wallets a weighty slice of circulating supply, a distribution profile central to the asset's tokenomics. Coins moved into long-standing whale wallets during a drawdown drop out of the readily sellable float, so four straight sessions of net buying absorb supply precisely when sellers are most active. The $72 million total spread across four sessions points to repeated buying rather than a single block trade, and the dollar scale is modest next to daily turnover in the asset. Wallet-level desks watch direction more than size, though, and the direction over these four days has been consistently positive. The breakdown separates large-holder flows by asset, and the XRP line is the only one of the three majors showing net buying over the measured window.

Bitcoin and Ethereum Whales Sold

Over the same stretch, large holders of the two biggest assets did the opposite. Bitcoin whales sold more than 34,000 BTC during the past week, a disposal worth roughly $2.6 billion, and the selling overlapped a slide from near $80,000 to a local low under $73,000. That cohort still controls more than 5.24 million BTC, about 26% of circulating supply, which is why its behavior moves the market. Block sales from these wallets add supply to the order book faster than ordinary turnover can absorb, and outsized whale selling also tends to unsettle smaller holders, some of whom sell in response and speed the decline. Bitcoin trades near $74,000, down about 12% over the past month. Ethereum's largest holders trimmed as well, though more slowly: around 17,800 ETH, worth about $37 million, left whale wallets over seven days, a window that overlaps the same week in which the Bitcoin disposal was measured. The asset pressed the $2,000 psychological level hard during the slide, held above it, and trades near $2,060, a thin cushion above the round number.

AssetRecent whale flowValue
Bitcoin34,000+ sold, past week~$2.6B
Ethereum~17,800 sold, seven days~$37M
XRP~65.32M bought, four days~$72M

The institutional channel for XRP runs the other way. Funds built on spot trading of the token posted sizeable outflows in each of the last two sessions and finished last week in negative territory as well. The broader altcoin market offers little cover, with capital staying defensive across the complex. Net of everything, the week pairs one cohort of large buyers with two cohorts of large sellers and a fund channel in retreat.

ETF Flows Versus Whale Wallets

Read together, the flows describe a market where the marginal buyer has changed rather than disappeared. Whales absorbed about $72 million of XRP in four days while the fund channel, the cleanest proxy for regulated institutional demand, bled for at least two straight sessions, which points to rotation inside the holder base more than fresh money arriving. That leaves the whale bid carrying the asset largely on its own, and a bid of this size can be overwhelmed if the slide in Bitcoin and Ethereum extends. XRP already tested $1.05 support after October's hot CPI print earlier this month. History gives the accumulation camp something to work with: earlier research on the oversold XRP recovery window found a 70.6% recovery rate for the coin within 90 days after comparable oversold stretches, but those odds assume the broad market stabilizes. Our XRP technical analysis tracks the price structure while this flow divergence plays out. As of the most recent readings, whale balances sit above 4 billion XRP and fund outflows had run through two sessions without reversing.

Primary sources

COINOTAG's editorial and research desk.

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