Saad Ullah
XRP's big players have been lying low for most of 2025—until now. Fresh on-chain data shows that whale-sized spot orders are suddenly reappearing just above the $2 mark, suggesting that deep-pocketed investors are quietly building positions again. This shift often signals growing confidence and can be a precursor to significant price action.
What the Data Shows
According to Onchain School, who pulled data from CryptoQuant, the XRP Ledger's average spot order size tells an interesting story. From February through September, whale activity was basically nonexistent—mostly just normal retail trades. But in October and early November, large green dots started popping up again around $2 to $2.30, marking a clear return of institutional-scale buying.
Historically, the $2.00–$2.20 zone has been a solid consolidation area for XRP. The fact that whales are piling in here suggests they see it as strong support—a smart entry point before potential upside. When big players start absorbing supply like this, it's often a bullish early signal.
A few things could be driving this renewed interest:
- Crypto's overall recovery — Bitcoin pushed past $100,000 and liquidity is flowing back into the market
- Ripple's momentum — Progress on institutional payment partnerships and CBDC projects is boosting XRP's real-world appeal
- Capital rotation — With Bitcoin and Ethereum cooling off, institutional money is rotating into altcoins with strong fundamentals
Together, these factors make XRP an appealing bet for early-cycle accumulation.
What It Means for Price
Whale accumulation usually comes before volatility spikes. In past XRP cycles, similar patterns—clusters of large orders at key levels—preceded major rallies within weeks. If XRP holds above $2 and whale buying continues, the next targets could be $2.80 to $3.00. But if the buying slows and price drops below $2, we might see a retest of $1.60 instead.
For now, the steady flow of big spot orders suggests whales are positioning for higher prices in the coming weeks.
Saad Ullah
