🚀 XRP (XRP) Price Skyrockets to Record Quarterly High After Whale Moves $Millions

Whales make waves—XRP just punched through its highest quarterly price in history after a single massive transaction shook the market. Was it strategic accumulation or just another crypto fat cat playing with monopoly money? Here’s the breakdown.

The Whale Effect: How One Move Lit the Fuse

When nine-figure sums change hands, prices react. XRP’s surge wasn’t organic retail demand—it was a classic whale play. The token ripped past resistance levels like they were regulatory guidelines (too soon?).

Quarterly Highs and Suspiciously Perfect Timing

Coincidence or not, this pump aligns neatly with Q3 institutional portfolio rebalancing. How convenient for those holding oversized bags. Meanwhile, retail traders scramble for scraps.

What’s Next: Sustainable Rally or Whale Trap?

History says whale-driven spikes often retrace—unless this is the start of real adoption (lol). Either way, the charts are screaming volatility ahead. Buckle up.

TLDR

• XRP surged 4.5% to peak at $2.35 before stabilizing at $2.26, with trading volumes exceeding 182 million tokens during peak hours
• Grayscale added XRP to its Digital Large Cap Fund while ten XRP spot ETF applications await U.S. regulatory decisions expected by October
• XRP achieved its highest quarterly close in history above the $2.25 resistance zone, marking a technical breakout
• Large whale movements totaling over 219 million XRP ($500 million) occurred between unknown wallets with Ripple ties
• XRP futures volume jumped 87% to $4.72 billion as analysts target $3.40 if price breaks above $2.38 resistance

XRP posted strong gains between July 7 and 8, climbing 4.5% to reach a peak of $2.35 before settling NEAR $2.26. The rally came with exceptionally high trading volumes, with over 182 million XRP changing hands during peak trading hours.

The price action occurred as XRP achieved its highest quarterly close in history. The token closed above the long-running resistance zone between $2.00 and $2.50, marking its first confirmed quarterly breakout.

#XRP JUST CLOSED THE HIGHEST QUARTERLY CANDLE EVER. 👇 pic.twitter.com/ehaEMJyqrk

— STEPH IS crypto (@Steph_iscrypto) July 7, 2025

Trading activity was most intense between 13:00 and 16:00, with volume spiking to 144-182 million tokens. Initial resistance formed at $2.32 before profit-taking pushed the price back to current levels.

The $2.25-$2.26 range has emerged as a key support zone. This level has repeatedly absorbed selling pressure during recent volatility.

Major Whale Movement Signals Institutional Activity

A transfer of 219,851,778 XRP worth approximately $500 million was recorded on-chain on July 7. The movement occurred between two unverified wallets with no exchange tags or known institutional affiliations.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 219,851,778 #XRP (500,112,150 USD) transferred from unknown wallet to unknown wallethttps://t.co/NWEvCcgOse

— Whale Alert (@whale_alert) July 7, 2025

WhaleAlert confirmed the sending address had prior ties to Ripple Labs. Blockchain explorers show Ripple originally activated the address in 2023. After the transfer, the wallet still holds over 32 million XRP.

The receiving wallet was created over a year ago and now holds more than 55 million XRP. A separate transaction also moved 50 million XRP worth $113.17 million between unidentified wallets.

Despite the large transfers, xrp price remained stable. The market showed little immediate reaction to the $500 million movement, with no panic selling or sudden buying spikes.

XRP futures volume surged 87% to $4.72 billion following the transfers. Open interest increased nearly 4%, indicating ongoing trader participation without extreme leverage.

Options markets showed a 68% drop in volume while open interest increased slightly. This suggests traders are waiting for clearer signals before making large directional bets.

Regulatory Developments Drive Institutional Interest

Grayscale recently added XRP to its Digital Large Cap Fund for the first time since regulatory restrictions were lifted. This marks increased institutional acceptance of the token.

Ten XRP spot ETF applications are currently pending before U.S. regulators. Decisions are expected as early as October, with approval odds estimated at 18% for 2025.

Ripple Labs recently applied for a national bank charter with the U.S. Office of the Comptroller of the Currency. If approved, Ripple WOULD operate as a federally regulated trust bank offering crypto and stablecoin services.

Analysts view XRP as technically promising among large-cap tokens. A clean break above $2.38 could open upside targets toward the $3.40 zone.

Some market observers speculate the large XRP transaction might be linked to future OTC provisioning or liquidity flows for institutional partners. The timing coincides with Ripple’s banking charter application and ETF developments.

XRP experienced 2.0% volatility in the final trading hour, rallying from a session low of $2.25 at 04:22 to $2.30 by 04:33. The sharp recovery was driven by a volume burst approaching 1 million units at 04:29.