XRP (XRP) whales have ramped up buying to a 10-month high, accumulating over 11 million tokens daily even as retail traders pull back amid a 3.5% price drop.
XRP Whale Accumulation Surge
On-chain data from CryptoQuant shows that the Whale Flow 30-day moving average has turned positive after more than three months in negative territory. The shift marks a transition from distribution to accumulation among large holders.
Major wallets have been absorbing more than 11 million XRP per day — a pace not seen since earlier stages of previous market expansions.
The buying spree coincides with the token defending a key support zone near $1.28, where it recently bounced before climbing to $1.33.
Exchange outflows have also increased. A growing share of the supply is moving into private wallets, reducing the number of tokens available for immediate sale and easing short-term selling pressure.
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Japan Conference and Ripple's Strategy
The timing of the accumulation aligns with an XRP Ledger-focused conference taking place in Japan this week. The event is expected to feature Ripple executives and address institutional adoption, decentralized finance and broader ecosystem development.
Japan carries strategic weight for XRP because of its deep ties with SBI Holdings and its established role in Ripple's global expansion. Market participants are watching closely how the token price reacts around the event.
While retail investors often hesitate during short-term uncertainty, large holders appear to be coordinating their activity with events that could influence adoption. Their positioning suggests they see opportunities that smaller participants may overlook.
XRP Price Swings in Recent Months
XRP has been on a prolonged downtrend since peaking at $3.65 in mid-Jul. 2025. The token fell sharply after the Oct. 2025 market liquidation triggered by new tariff announcements, dropping from above $2.80 to below $2.00. It has since continued to slide, posting six consecutive monthly losses through Mar. 2026 and settling into a tight range between $1.28 and $1.45 in recent weeks.
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