Ripple-backed coin XRP has seen a fresh wave of accumulation from large investors, often referred to as whales.
In just 24 hours, these investors acquired over 130 million XRP coins, hinting at a potential price recovery. This accumulation follows a recent filing lodged with the US Securities and Exchange Commission (SEC).
Why Whales are Accumulating XRP
On-chain analyst Ali Martinez brought the market’s attention to the enormous whale transaction. At the current market price, the 130 million XRP equates to about $413.4 million. In his post, Martinez released a chart that showed a spike in the whale wallets holding 10 to 100 million XRP. These wallets surged to 8.31 billion XRP, marking a new monthly high.
XRP Whale Accumulation | Source: Ali Martinez
This surge comes shortly after wallets holding at least 1 million XRP reached an all-time high of 2,743, as noted in our earlier post. Notably, the latest whale accumulation aligns with a recent price dip in XRP. The Ripple-linked coin dropped to the $3 support on Friday, July 25, 2025. This price decline makes it evident that large XRP whales are positioning for possible upside. It also shows the confidence of institutions and large investors in the future trend of XRP. As of this writing, the XRP price was trading at $3.18, up 2.04% over the past 24 hours, per data from MarketCap. However, the trading volume dropped by over 38% within the same period.
Nonetheless, the $413.4 million inflow from whales could help stabilize the price and lay the foundation for more increases. Crypto analyst CasiTrades on X highlighted that XRP has completed a wave 2 correction, reaching the 0.854 Fibonacci retracement. Historically, this zone acted as a strong bounce point. Thus, XRP may begin a wave three rally if the low holds. The next target, based on the 2.618 Fibonacci extension, lies around $3.82. According to the analyst, this level matches the previously cited all-time high for XRP. This dynamics adds confidence to the bullish setup forming on the chart.
Wellgistics Health to Integrate XRP and XRPL
Meanwhile, the 130 million XRP whale accumulation coincides with a filing from Wellgistics Health. On Thursday, July 24, 2025, Wellgistics Health submitted an S-1 filing to the SEC to integrate XRP and the XRPL into its operations. The healthcare firm also revealed plans to raise capital through equity and debt offerings to purchase XRP. In this way, the coin will serve as a reserve asset and collateral for future financial transactions. This means investors can utilize XRP to generate income.
Community members see the news as bullish for the Ripple-backed coin. Many believe it will finally bring clarity to the ongoing debate about XRP’s utility status. Many investors and experts have doubted the coin due to the ongoing pressure from the Ripple vs. SEC lawsuit. Some even claimed XRP would become non-existent after the launch of the RLUSD stablecoin. However, the move from Wellgistics is changing the narrative. Crypto investor Xaif commented, “Wellgistics Health is integrating XRP into its treasury operations, not for speculation — but for real-world liquidity and cross-border payment efficiency.”