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What happened with whales shows confidence on the part of these great XRP holders.
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Yesterday, the demand of the SEC against Ripple came to an end.
Investors who have great XRP cryptocurrency holdings are holding their purchase strategy, despite the price drop. This is indicated by on-chain data of the Santiment Explorer.
Wallets that have at least one million XRP have increased their holdings by 6.5% in the last two months. With such an increase, they now have 46.4 billion XRP, equivalent to approximately 114,000 million (USD).
With such holdings, these actors have 46% of the circulating supply of the cryptocurrency that is 99,980 million XRP. Therefore, it is key that they do not change to a sales trend, since otherwise they could significantly affect the price.
At the same time, the explorer shows that the activity in the XRP network has shown a significant rebound, with an increase of six times more unique wallets interacting in March compared to January and February.
The growing activity and accumulation of whales, as it is called investors with great patrimony in cryptocurrencies, reflects growing confidence in XRP’s potential. It is a sample of its upward feeling against the winds against the market.
In the graph that appears below, the accumulation of whales can be observed in celestial and in yellow the activity in the XRP network, in the midst of its price movement.
The XRP price is quoting USD 2,4, 29% less than the historical maximum of USD 3,4 that played two months ago, exceeding the USD 3.3 record marked in 2018 it had until then.
As the next graph exhibits, such a record occurred days before the presidential assumption in the United States of Donald Trump, who promised to make the country the world capital of cryptocurrencies.
With such quote, a recovery from the USD 1.9 that stepped on the increase in Bitcoin (BTC). And it stands out for being one of the few cryptocurrencies that maintain profits so far from 2025, as the following table shows.
The fears of greater inflation in the United States due to imports established Trump affected markets in recent weeks. However, favorable news for XRP made their price not as beaten as other assets.
The area around USD 1.9 has worked as an XRP support since Decemberwhile other cryptocurrencies have backed up quotes for longer. For example, BTC declined last week to levels that had not played since November and ETH for more than a year.
Favorable news about XRP promotes shopping whales
Something that led to XRP’s recent force is that the Bag and Values Commission (SEC) dismissed yesterday the demand against Ripple, the station of this cryptocurrency, as expected to happen in the Trump government. This occurs before the new administration, which seeks a friendly regulation with the industry.
This litigation had started in 2020 under accusations that XRP was an unregistered title and that the company had raised more than 1.3 billion dollars in an unauthorized initial offer.
Brad Garlinghouse, CEO of Ripple, said this week he has confidence that The SEC will issue a wave of approval of funds quoted in the stock market (ETF) of XRP in the second half of 2025. Currently, there are applications from various companies to the agency to launch these instruments.
In addition, Trump ordered two weeks ago to create a National Cryptocurrency Reserve, made up of those that have confiscated the criminal cases government. This decision occurred after the president reported that he asked his team to advance in a reserve that has cryptocurrencies created in the United States, such as XRP, Solana (Sol) and Cardano (ADA), in addition to Bitcoin (BTC) and Ethher (Eth).
Therefore, XRP whales are cataloging this panorama as an opportunity to buy more. Although, as cryptootics reported, fears still persist that macroeconomic concerns may affect their market.