- Whale buying of XRP sparks bullish sentiment despite a price dip.
- Chart discrepancies raise doubts about data accuracy and relevance.
- Potential XRP ETF approval could drive $60 billion in market inflows.
XRP Whales Trigger Market Debate
The cryptocurrency market buzzes with activity, a recent post by EGRAG CRYPTO on X has sparked intense debate among investors. EGRAG highlighted aggressive whale buying of XRP, referencing a chart from CryptoQuant showing significant activity. Despite the current price dip, EGRAG remains bullish, suggesting that whale accumulation could signal a major upward move. However, the chart in question, originally shared by @BaronDominus , has raised eyebrows—it appears to depict Bitcoin (BTC) data up to December 2024, not XRP, fueling skepticism among followers.
Historical Context of Whale Activity
The discussion on X reveals a mix of optimism and caution. Some users, like @Nickdevro, argue the chart’s mismatch undermines its credibility, while others, such as @edwardj45333763, remain steadfastly bullish on XRP regardless of short-term price action.
This whale activity aligns with recent web reports, including a CoinDesk article from December 2024 noting XRP’s 430% surge over 30 days, hinting at potential profit-taking by large holders. Meanwhile, a CryptocurrencyNews.com piece from September 26, 2025, suggests an XRP ETF approval could drive $60 billion in inflows, adding fuel to the bullish narrative.
Data Gaps Highlight Investor Caution
The discrepancy in the chart data—showing values far exceeding XRP’s current price range (around $3 per TradingView insights)—has led to accusations of misinterpretation or outdated information. Critics like @lucdubois169801 point out the chart’s age, urging for updated visuals. Despite this, the underlying theme of whale accumulation resonates with historical trends where large inflows often precede price rallies, though they can also signal market tops.
For XRP enthusiasts, the coming weeks could be pivotal. With institutional interest growing and legal uncertainties fading, whale moves might indeed foreshadow a breakout. However, investors are advised to verify data sources and monitor real-time metrics before jumping in. As the market watches, the truth behind these whale patterns will likely emerge, shaping XRP’s next chapter.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
