Ripple’s XRP Surges as ETF Approvals Spark Whale Accumulation

ETF Approvals Drive Price Action & Whale Activity

Crypto analytics indicate that XRP’s price rose by approximately 6–13% in a single day—marking one of its best performances among top cryptocurrencies. This surge follows official approvals of multiple XRP spot ETFs, allowing investors to access XRP exposure through regulated channels without holding the token directly. This development has encouraged large holders to increase their positions quietly—depositing over $2 billion worth of XRP in whale wallets within a short period.

Technical Outlook & Support Levels

XRP has recaptured critical support above the $2.32–$2.40 range, with technical indicators like tightening Bollinger Bands suggesting an imminent breakout. Whale inflows have significantly reduced available supply, reinforcing price stability and increasing the likelihood of sustained upward movement.

Why This Matters

1. Regulatory Legitimacy: Approval of XRP spot ETFs establishes a regulated path for institutional investment.

2. Whale Confidence: Major holders increasing allocations suggest they anticipate further gains.

3. Technical Setup: Key support holds, and accumulation is increasing, creating a bullish environment.

Outlook:

With regulatory clearance now in place and substantial whale activity in motion, XRP appears well-positioned for the next leg of its rally. Short-term stability will depend on maintaining support, while medium-term growth may hinge on ETF performance and additional capital inflows.