Peter Smith
Sometimes the smartest moves happen when nobody's looking. While XRP (Ripple) was crashing and burning, losing billions in market cap, something interesting was happening behind the scenes. The biggest players in crypto weren't running away – they were doubling down. This is the story of how whales turned a market meltdown into a shopping opportunity, and why it might change everything for XRP's future.
XRP Price Crash Triggers Whale Shopping Spree
While everyone else was panic selling, crypto whales did the opposite. Analyst Ali Martinez revealed these big players grabbed nearly 120 million XRP on August 15 – right when the token was getting destroyed.
XRP lost $10 billion from its market cap in 24 hours. The price dropped 8% to $3.08. Most traders ran for the hills, but whales saw opportunity where others saw disaster. They started loading up while everyone else was hitting the sell button.
XRP (Ripple) Whales Accumulate 440 Million Tokens in One Week
The numbers are wild. Between August 12-15, whales scooped up 440 million XRP tokens worth $3.8 billion. Meanwhile, XRP bled $15 billion from its August 8 peak, and daily volumes crashed 36% to $7.55 billion as retail traders backed away.
This kind of buying during a crash usually means one thing – these whales know something the market doesn't. They're betting on a recovery most people can't see right now.
XRP Market Setup Points to Price Reversal
Despite the chaos, XRP's fully diluted valuation sits at $308.31 billion. The long-term believers haven't given up – they're waiting for the dust to settle.
History repeats in crypto. When whales buy during major selloffs, it often sets up a comeback. They're creating a floor under XRP's price by absorbing panicked selling. Whether this leads to recovery depends on broader market sentiment, but XRP's biggest holders are clearly positioning for a reversal while everyone else watches red candles.
Peter Smith
