XRP Transactions Skyrocket Past $1 Billion—Whale Activity Fueling the Next Bull Run?
XRP just smashed through a $1 billion transaction volume—its highest monthly tally yet. Is this the calm before the storm, or are crypto's big players quietly loading up?
Whale watching season opens early
When transaction volumes spike like this, it's rarely retail investors moving the needle. The real question: are whales positioning for a major price move, or just playing hot potato with each other's bags?
The institutional poker face
With Ripple's legal battles fading in the rearview, XRP's infrastructure is looking sharper than a hedge fund manager's suit. But let's be real—since when do crypto markets need fundamentals to rally?
Buckle up or bail out?
Whether this is organic growth or coordinated accumulation, one thing's certain: when this much money starts sloshing around, volatility isn't far behind. Just remember—in crypto, 'smart money' often means 'money that hasn't been rekt yet.'
XRP Transactions Hit Major Highs
The XRP network is showing renewed strength and growth as transaction volumes have skyrocketed to over $1.07 billion. This spike follows a massive 67% rally in the digital asset’s price, which climbed above $3.5 earlier this month after a long period of consolidation. This impressive price surge marks one of the most aggressive upward moves in recent months.
The resurgence in both network activity and price signals is growing market momentum and possibly a shift in sentiment among investors and traders. Notably, XRPScan, a platform that records data from the XRP Ledger, revealed that the large-scale transfer volume was recorded on July 18, representing the cryptocurrency’s largest single-day figure in over a month.
What’s particularly notable about this recent volume surge is that it does not appear driven by speculative churn alone. The elevated FLOW of funds between accounts and the increase in user addresses suggest a deeper level of network usage.
Data from XRPScan shows that XRP payment volume from one account to another ROSE to 1.72 billion on July 18. Additionally, the number of successful transactions executed around the same time totalled over 2.08 million. New active accounts have also climbed significantly, with July 18 recording the highest daily count over the last month at 10,279.
With blockchain metrics flashing green and XRP’s price reclaiming bullish momentum, the surge in daily transfer volume signals a fresh wave of bullish confidence among holders. Typically, such synchronised growth may point to deliberate accumulation or distribution by whales, who often MOVE large sums during pivotal market shifts.
Whales Go Long On XRP Ahead Of Potential Surge
New reports from analysts indicate that XRP whale activity is back in full swing, with specific holders going long just days after the cryptocurrency network surged past $1 billion in transfer volume. Multiple long positions totalling over $3.8 million have been opened at a price point near $3.44, raising speculation that deep-pocketed investors may be acting on insider-level confidence.
KingXRP, an analyst on X social media, revealed that a whale recently entered a $1.52 million long on XRP, just as buzz grows around the impending RealFi integration that could enable the XRP Ledger to unlock a massive $650 trillion market.
Related Reading: XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next?
Adding fuel to the hype, Radar, another market expert, reported that two additional whale-sized positions, worth $1.02 million and $1.31 million, were opened within the same price range. This move signals a clear shift in whale sentiment, suggesting increased confidence in XRP’s breakout potential.
