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Coinpaper 2025-07-23 07:34:20

XRP Whale Transfers Exceed $1B, Fueling Hopes for a New Upswing

Whales Re-entering the Market The XRP network has witnessed a massive surge in whale transfers, with daily on‑chain movements exceeding the $1 billion mark for the first time in over a month. Data from XRPScan and TradingView show that the XRP Ledger recorded $1.07 billion in transfer volume, peaking at 1.72 billion XRP exchanged in 2.08 million transactions, as nearly 10,279 addresses interacted in a single day. Notably whale transfers of more than $1 billion are not only about liquidity redistribution but also coordinated accumulation, shifting network dynamics, and mounting confidence in XRP’s ascent. Technical & Institutional Tailwinds XRP’s rebound has been underpinned by strong technical setups, such as double‑bottom breakouts, a bullish MACD crossover, and an emerging Gold Cross all fuelling trader optimism. Market analyst Tom Tucker recently noted that XRP had completed a bullish cup-and-handle breakout above $3.40, setting the stage for a potential rally toward $5.27. On the institutional front, futures open interest surged to a record $11 billion, signaling growing confidence from large-scale investors. Controlled Supply from Ripple This explosive whale on‑chain activity follows Ripple’s strategic asset releases. Ripple recently unlocked 1 billion XRP, re‑locking 700 million and allocating 300 million for partnerships and liquidity initiatives.This carefully phased unlocking balances supply pressures while supporting ecosystem growth. Therefore, the convergence of colossal whale transfers, rising on‑chain activity, robust technical markers, institutional involvement, and controlled supply paints a bullish picture for XRP. Surpassing $1 billion in daily transfers highlights heightened utility, as well as intensified speculative and strategic accumulation by large investors. Japan’s “Earn XRP” Takes Effect Aplus, the credit card arm of Japan’s Shinsei Bank Group, recently partnered with SBI VC Trade to launch a groundbreaking crypto-based rewards program. For the first time, Aplus credit cardholders will have the opportunity to convert their reward points directly into cryptocurrencies, such as XRP, Bitcoin, and Ether, making Aplus Japan’s first major loyalty program to offer crypto redemption. Calling out this development, digital strategist John Squire pointed out , “You can now earn XRP with your credit card in Japan. Thanks to a new partnership with SBI, Aplus cardholders can convert reward points into XRP, BTC, or ETH. This is real-world adoption, not speculation.” This strategic move accelerates the mainstream adoption of XRP, Bitcoin, and Ethereum, driving broader crypto integration into everyday finance. Conclusion The XRP transfers of more than $1.07 billion can be seen as a coordinated whale response to price triggers, institutional momentum, and regulatory developments. With whales reducing on-chain selling, accumulating more through private transfers, and factoring in bullish technicals, XRP seems set for another leg higher above its present all-time high of $3.65. As this transpires, Japan is in high gear to enhance the adoption of XRP, Bitcoin, and Ethereum through the crypto-based rewards program.

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