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XRP Whale Makes Waves—Massive 20M Token Buy Signals Big Bet

XRP Whale Makes Waves—Massive 20M Token Buy Signals Big Bet WikiBit 2025-02-21 01:01

The XRP market has witnessed a significant development as a prominent whale accumulated 20 million coins during the latest price dip. This move has

The XRP market has witnessed a significant development as a prominent whale accumulated 20 million coins during the latest price dip.

This move has sparked discussions about the potential impact on XRPs price and broader market sentiment.

Whale Activity and Market Implications

According to on-chain data from Whale Alert, an XRP whale transferred 20 million tokens, valued at Based on on-chain data reported by Whale Alert, an XRP whale moved 20 million tokens worth about $50.65 million from the Gemini exchange. Large-scale buying of this sort usually reflects a robust belief in the future performance of an asset. It can also lead to higher market volatility as the dynamics of liquidity change.

A total of 20 million XRP, valued at approximately $50.66 million, was transferred from the Gemini exchange to an unidentified wallet. Source: Whale Alert via X

Experts believe that the massive buy can be a tactical attempt to reduce the circulating supply of XRP, which might lead to an increase in price if demand remains unchanged. XRP was around the $2.60 level when the buying happened, after correcting slightly from the recent highs.

XRP ETF Speculation Fuels Optimism

The possibility of a spot XRP exchange-traded fund (ETF) in the U.S. has become a major point of interest for investors. The SEC has recently acknowledged ETF applications from leading asset managers such as Bitwise and Grayscale, marking the first step in the regulatory review process.

The SEC has officially acknowledged Bitwises application for a spot XRP ETF. Source: Ash Crypto via X

Market experts believe that if an XRP ETF gets approved—much like Bitcoins ETF last spring—it has the potential to largely increase institutional interest. According to Polymarket statistics, there is a 78% likelihood of an XRP ETF in the market by the end of 2025. XRP investors are thus monitoring developments considering the price effects of Bitcoin ETFs on the price of BTC.

Big moves in the XRP world—Brazil‘s securities watchdog, the Comissão de Valores Mobiliários (CVM), has just approved the world’s first spot XRP exchange-traded fund (ETF). Managed by Hashdex and administered by Genial Investimentos, the ETF is set to launch on Brazils B3 exchange, giving investors a fully regulated way to gain exposure to XRP—without the hassle of navigating crypto exchanges.

For investors, Brazils approval of a spot XRP ETF is a milestone moment. It creates a regulated pathway for institutional and retail investors to enter the XRP market with confidence. Analysts at JPMorgan suggest that if the U.S. eventually follows suit, billions could flow into crypto ETFs, unlocking new levels of mainstream adoption.

In short, while the U.S. remains gridlocked, Brazil is charging ahead—positioning itself as a leader in the next wave of digital asset investment products. With regulatory battles, high-profile endorsements, and major financial institutions circling, XRPs trajectory is looking more interesting than ever.

Trump Administrations pro-crypto stance

The shifting U.S. political landscape is another factor in market sentiment. President Donald Trump recently cited XRP in his social media update, spurring interest within the crypto community. His post gave rise to more debate about where XRP would play a role in the financial ecosystem, with many believing the token would play an increasingly vital role within the broader digital economy. The posting also coincided with the increasing trading volume in XRP, suggesting that there may have been investor interest, which was sparked by the attention.

Donald Trump shared two consecutive articles about Ripple on TruthSocial. BankXRP via X

Beyond social media backing, the Trump administration has historically been crypto-friendly, advocating for clearer regulatory environments and embracing innovation in blockchain technology. Investors believe a second term by Trump would mean a more accommodating regulatory environment for XRP and other cryptocurrencies. The promise of eventual approval of an XRP ETF and controversy over the utilization of XRP in cross-border payments were part of this script, further supporting bullish sentiment on the token.

Technical Analysis and Price Outlook

From a technical standpoint, XRP has been consolidating around the $2.50-$2.60 range. The Relative Strength Index (RSI) currently sits at 45, indicating a neutral market stance. Analysts like CrediBULL Crypto suggest that XRP could experience a short-term correction to $1.77 before staging a potential rally.

Ripple (XRP) was trading at around $2.61, up 3.15% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Other market observers, such as Ali Martinez, note that XRP appears to be breaking out of an ascending triangle on lower time frames. If confirmed, this pattern could push XRPs price by 4% to around $2.68 in the short term. Meanwhile, EGRAG CRYPTO highlights the importance of XRP maintaining levels above $2.69-$2.73 to invalidate a bearish outlook.

Watch – XRP Price Analysis VideoFinal Thoughts

The accumulation of 20 million XRP tokens by a whale underscores the growing confidence in the asset despite recent price fluctuations. With ETF speculation gaining traction, a shifting regulatory environment, and technical indicators hinting at potential price movement, XRP‘s near-term trajectory remains an area of keen interest for investors. While a short-term pullback is possible, many analysts remain optimistic about a broader rally in the months ahead. With Trump’s support, anything is possible for XRP.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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