XRP Whales Secretly Stacking Bags? Here’s Why Crypto Degens Are Losing Their Minds 🐋🚀

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Key takeaways:

  • Turns out, if you follow the big wallets—the whales—you’ll catch a whiff of something stirring. Their 90-day moving average leaned green in May. Translation: perhaps it’s not just another fish story, and Q4 could get spicy.

  • Wallets holding over 1 million XRP now outnumber sensible small-town diners at breakfast. Mid-sized wallets are up 6.2%, because apparently FOMO is a whale disease too.

There was once a time—a January not unlike any other—when XRP reached $3.40. And oh, how the townsfolk talked! But ever since, the coin’s been meandering like a sleepy river, more or less content to float above $2. Not that you’d notice—trading volumes on Binance now echo the tumbleweeds drifting since August 2020. The speculators wandered off for leaner pastures, or perhaps for better memes.

XRP whale activity hints at a breakout setup

The smart (or at least heavily funded) whales have started circling again, according to CryptoQuant. In May, their 90-day average whale flows turned green, which is finance-speak for “the big fellas are buying and not just for the thrill of it.” From January through April, they’d been running for the hills, letting the price simmer down, but now—could that be the scent of opportunity they’re chasing, or just someone frying up hope for breakfast?

If you squint at the charts hard enough, you’ll see that this whale stampede started in early August 2024—shortly before a 420% moonshot. Coincidence? Maybe. But it’s enough to make even a hardened skeptic consider buying a fishing net.

This year’s whale activity even outshines last year’s, perhaps foreshadowing new highs by Q4 2025. Or maybe they’re just practicing for synchronized swimming. Hard to say.

Wallet data highlights investor confidence

Dom the futures trader—who presumably never blinks—pointed out that the number of wallets holding over 1 million XRP has hit an all-time high of 2,850. Just imagine all those digital wallets bumping into each other at a cocktail party. Meanwhile, the “mid-tier” group (holders of over 10,000 XRP) has grown 6.2% year-to-date, swelling to 306,000 strong. That’s enough conviction to make a preacher jealous.

So even while the price sits there napping, big wallets are stacking, apparently convinced there’s more to come. Maybe they know something we don’t, or maybe it’s just inertia dressed in optimism.

Sentiment, meanwhile, hit a 17-day high as news of a $50 million legal settlement between Ripple and the SEC put some spring into speculative steps. While Bitcoin and Ether snooze and retail traders yawn, XRP die-hards are pouring tea and savoring the drama.

SEC v. Ripple legal overhang continues

The courtroom saga continues to unfold, a legal slow dance between Ripple and the SEC. On June 26, District Judge Analisa Torres batted away a motion for an indicative ruling, reminding everyone—and perhaps herself—that court judgments aren’t something you can just scribble over with a gentlemen’s agreement.

Now, Eleanor Terrett, journalism’s answer to a bloodhound, quoted the judge:

“The parties do not have the authority to agree not to be bound by a court’s final judgment… They have not come close to doing so here.”

Should Ripple and the SEC want out of this mess, either both must bow out of appeals and let the judgment sit, or else they can try their luck arguing with an even higher-powered gavel. Easy, right? Just what everyone in crypto dreams about: more courtrooms, fewer moonshots. 🚀⚖️

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2025-06-28 03:47