- Whales accumulated 60M XRP in 24 hours, increasing holdings even as prices declined, signaling strong confidence.
- Large XRP holders bought during price dips showing a strategic accumulation trend from January to February 2025.
- Despite XRP’s volatility, whale wallets grew to 5.62B XRP by February 17, showing sustained belief in XRP’s long-term value.
According to analyst Ali’s analysis, Whales have bought 60 million XRP within the last 24 hours as data shows price and ownership movement. Data between January 15, 2025, and February 17, 2025, shows a clear trend. Wallets holding a balance of 1 million to 10 million XRP added to their holding during times of price decline. The trend shows that large investors are actively accumulating XRP irrespective of price movement.
XRP Price Movements and Whale Behavior
The value of XRP experienced volatility throughout the observation period. From January 15 to January 30, 2025, the value of XRP suddenly surged and plummeted. On January 27, for instance, the value of XRP dramatically dropped, but was back up shortly.
Throughout this phase, holdings in wallets slowly increased, even when the value was volatile. The increase in wallet holdings indicates that institutional investors were taking advantage of price drops to buy more XRP.
Source: Ali
Between January 30 and February 2, the price took another downturn. Wallets, however, continued to increase their XRP holdings. By February 2, these larger investors had stabilized their holdings, indicating that they were accumulating XRP during lower price points. The price remained volatile from February 2 to February 5, with sharp fluctuations, but wallet balances remained high.
Price Declines and Whale Accumulation
XRP’s price experienced a general downtrend from February 5 onwards and reached its bottom between February 8 and February 11. Despite prices declining, the wallet holdings were preserved, reflecting the investors remained unaffected by the downturn in the markets. Between February 11 and February 14, the price experienced a very slight rebound that was immediately followed by a further decline. But the whales’ trend to buy XRP never faltered.
As of February 17, 2025, the price of XRP was 2.684. Simultaneously, wallet holdings were 5.62 billion XRP, showing growing accumulation by large holders. Such a trend shows that investors still believe in the future of XRP, so they are making intelligent purchases even when the market is falling.
