XRP Whale Accumulation and Market Confidence Signal Potential Bullish Momentum

In a striking display of confidence, XRP whale addresses holding at least 1 million tokens have surged to a record high of 2,743 as of July 2025, marking a 9.7% increase since January. According to Santiment data, these large wallets now control a staggering 47.32 billion XRP, representing over 80% of the circulating supply. This accumulation trend persists despite XRP's price being down 30% from its January highs, suggesting strong conviction among major holders. Derivatives markets further reinforce this optimism, with platforms like Hyperliquid reporting sizable long positions. The combination of whale accumulation and derivatives activity hints at underlying bullish sentiment, potentially setting the stage for a price rebound. ETF speculation continues to swirl around XRP, adding another layer of intrigue to its market dynamics. As of July 2025, the cryptocurrency's fundamentals appear to be strengthening, even as short-term price action remains volatile.

XRP Whale Addresses Hit Record High Amid ETF Speculation and Derivatives Activity

XRP whale addresses holding at least 1 million tokens surged to a record 2,743 in July, a 9.7% increase since January, according to Santiment data. These large wallets now control 47.32 billion XRP—over 80% of circulating supply—demonstrating unwavering accumulation despite XRP's 30% price drop from January highs.

Derivatives markets echo this confidence, with Hyperliquid recording sizable long positions. Analysts speculate a potential "God Candle" price surge in 2025, while growing ETF HYPE intensifies focus on July's market developments. "These wallets show remarkable conviction in XRP's future," noted Santiment analyst Brianq.

XRP Forms Inverse Head And Shoulders Pattern, Signaling Potential Surge to $3.3

XRP has emerged as a focal point in the altcoin market, with its parent company Ripple making significant strides. Despite these developments, the cryptocurrency has faced persistent price challenges. Bulls have defended the $2.2 support level with notable resilience, leading to the formation of an inverse head and shoulders pattern—a classic bullish reversal indicator.

Crypto analyst TheSignalyst highlights this technical formation as a potential precursor to upward momentum. The pattern's emergence coincides with XRP maintaining critical support levels at $1.75 and $2.00, suggesting underlying strength. A decisive break above the $2.30 neckline could confirm the pattern and catalyze a rally toward higher targets.

Market participants are closely monitoring these key levels. The inverse head and shoulders formation, when confirmed, often precedes substantial price appreciation. For XRP, this technical setup aligns with fundamental developments at Ripple, creating a confluence of bullish factors.

XRP Bulls Target $2.6 Amid Whale Activity and Market Optimism

Ripple's XRP surged 4.8% as it broke through a key resistance level, igniting bullish sentiment among traders. The ascending pattern breakout suggests potential for a rally toward $2.6, though whale movements hint at volatility ahead.

Whale Alert reported a $60 million XRP transfer to Coinbase, signaling possible profit-taking. Despite this, rising spot interest and futures market Optimism paint a bullish macro picture. The resistance zone remains contested, with sell orders testing the asset's upward momentum.

Long-term holders appear undeterred, maintaining accumulation strategies as whale wallets grow. Market participants watch for sustained green candles to confirm the breakout's validity.

Ripple Partners With BNY Mellon to Serve as RLUSD Custodian

Ripple has forged a strategic partnership with BNY Mellon to address a critical gap in the enterprise-focused stablecoin market. The collaboration positions BNY Mellon as the primary custodian for Ripple's USD-backed stablecoin (RLUSD), leveraging the bank's institutional-grade infrastructure.

The MOVE signals Ripple's continued push into regulated financial services, combining its blockchain expertise with BNY Mellon's 238-year custody legacy. Market observers note this could accelerate institutional adoption of stablecoins for cross-border settlements.

Ripple Price Analysis: XRP Breaks Consolidation, Eyes Next Key Targets

Ripple's XRP has decisively broken out of a prolonged descending wedge pattern, signaling a bullish shift in market sentiment. The breakout at the critical $2.36 level, where the wedge’s upper boundary intersected with the 200-day moving average, opens the door for further upward momentum.

Significant resistance looms at the previous swing high of $2.47, a zone likely to trigger selling pressure. Short-term consolidation between $2.36 and $2.47 is expected before buyers regain control for the next major move.

On the 4-hour chart, XRP's decisive break above the $2.3 resistance—a level that has capped prices for months—confirms strong bullish momentum. However, the $2.42-$2.47 supply zone aligns with historical selling pressure, potentially acting as a short-term ceiling.

XRP Price Nears $2.50 as New Holder Activity Hits 4-Month High

XRP is surging toward $2.50, fueled by a four-month peak in new address creation. Nearly 7,000 fresh wallets are joining the network daily, signaling accelerating retail interest. This influx coincides with whale accumulation—wallets holding 1M+ XRP now control $115 billion worth of the asset.

Large holders demonstrate remarkable conviction, maintaining positions through market turbulence. Their 47.32 billion XRP stake acts as a stabilizing force, creating a foundation for sustained appreciation. Glassnode data reveals the whale count at an all-time high of 2,743 addresses.

The dual momentum of retail adoption and institutional confidence suggests XRP's rally may have staying power. Market observers note this combination often precedes extended bullish phases in digital assets.