XRP Sees Renewed Buying Activity From Large Investors – Here’s How Much They’ve Bought

Whales are circling XRP again.

After months of sideways action, blockchain data reveals a surge in large-wallet accumulation. The smart money isn't just dipping a toe—it's making calculated moves that signal a potential shift in the asset's trajectory.

Follow the Money

On-chain analytics don't lie. A clear pattern emerges when addresses holding significant amounts start aggressively adding to their positions. This isn't retail FOMO; it's institutional-grade accumulation playing out in real-time on the public ledger.

The Whale's Appetite

The numbers tell the story. While exact figures fluctuate with price, the volume flowing into these large wallets paints a picture of conviction. It's a bet on infrastructure, utility, and a regulatory landscape that's finally starting to crystallize—or at least, that's the narrative being bought.

What's Driving the Demand?

Speculation runs the gamut: anticipation of broader adoption in cross-border payments, favorable legal clarity, or simply a portfolio rebalance by funds looking for assets that haven't yet retested previous highs. Sometimes a big buy order is just a big buy order, but in crypto, it's always a headline.

This activity cuts through the market noise, bypassing the day-trade chatter to show where serious capital is positioning itself. Whether this marks a true inflection point or just another blip before the next 'macro headwind' excuse from talking heads remains to be seen. After all, in traditional finance, they call this 'strategic allocation'—here, we just call it buying the dip before everyone else does.

Large Holders Of XRP Are Stepping Back In

XRP has been in a downward trend for the past few weeks due to a market drawdown in October. After several weeks of subdued price performance and failed upward attempts, key investors are beginning to exhibit positive sentiment towards the leading altcoin.

As observed in the report from Steph is Crypto, a market expert and trader, large investors, also known as whale holders, are making their presence felt once again. Despite the ongoing bearish action of the XRP’s price, there is a steady resurgence in accumulation among the cohort.

While this shift signals growing confidence of deep-pocket investors, it also suggests that they are likely repositioning themselves in anticipation of a broader market MOVE upward. When whale investors start to buy again, it often precedes upward spikes, which raises the question of whether the accumulation could serve as the foundation for the altcoin’s next major direction.

According to the expert, the renewed buying pressure is triggered by large investors holding between 100 million XRP and 1 billion XRP. After days of significant adoption from the group, the total number of coins held by them grew from 8.11 billion to 8.23 billion XRP, valued at approximately $150 million.

A similar resurgence in sentiment and investor activity is also observed among those holding between 10 million and 100 million XRP. Data from the chart shows that these investors now hold about 10.90 billion compared to the 10.88 billion a few days ago. 

Despite large investors buying again, Steph is crypto believes that the renewed accumulation is more of a cautious move than a bullish move. However, should the trend continue over the following days or weeks, the altcoin may attract enough momentum for an upward move.

Nearly Half Of The Supply In Loss

With XRP’s price declining and trading below the $2 mark, a lot of coins are starting to show major losses. According to on-chain data, the profitability of holders has sharply declined amid the ongoing bearish phase. In a previous post, Steph is Crypto highlighted that nearly 50% of the altcoin’s total supply is now underwater, suggesting a shift in attitude where patience and selectivity are replacing optimism.

The chart shared by the expert shows that the share of XRP supply currently in profit has dropped to 52% following weeks of consistent declines. While nearly half of the total supply held by investors is sitting at a loss, this development increases the risk of panic-driven selling pressure during periods of weakness, as seen in the past. 

However, this cooling in profitability often marks a pivotal phase, as it could still act as a trigger for a notable rally in the upcoming days or weeks. According to the expert, the last time profitability dropped to this level was in November 2024, just before a major upside expansion.