XRP whales purchased 72 million coins at $1 each, lifting their combined holdings to 12.18 billion. The buying spree fully offset a drop in institutional ETF assets, which fell below $1 billion net.
The $72 Million Whale Purchase
Whale addresses — wallets that hold large amounts of XRP — added 72 million coins in a single move. At $1 per coin, that's $72 million in buying pressure. The purchase pushed total whale balances to 12.18 billion XRP, a level that shows big holders are accumulating.
The exact timing of the purchase isn't specified, but the price point is clear: $1. That's the same price XRP has been trading around, so whales are buying at the current market rate.
ETF Assets Slip Below $1 Billion
Institutional ETF assets dropped below $1 billion net. That means the total net assets held by XRP-related exchange-traded funds fell under that threshold. The decline represents outflows from these funds, which are often used by institutional investors to gain exposure to XRP without holding the token directly.
The data doesn't break down the exact amount of the drop, only that it pushed net assets below $1 billion. It's a notable shift for a market that has seen growing institutional interest in recent months.
Offsetting the Decline
The whale purchase fully offset the ETF asset decline. In other words, the $72 million in whale buying exactly covered the outflows from institutional funds. The net effect on XRP's market is neutral — what one group sold, another bought.
This kind of offset isn't always clean. Often, whale buying and institutional selling happen at different times, leaving a gap. Here, the two forces balanced out, at least according to the data.
The $1 Price Point
All 72 million coins were bought at $1. That's a specific price, not a range. It suggests whales are comfortable paying exactly that amount for XRP. Whether that signals a floor or a ceiling is unclear, but it's a concrete data point.
The total whale balance of 12.18 billion coins is a substantial number. It represents a large share of XRP's circulating supply, though the exact percentage isn't given. What's clear is that whales hold a significant chunk of the token.
The data doesn't say whether the whale buying will continue or if ETF outflows will persist. For now, the two forces are in balance. The next move could tip the scales either way.
