XRP Price Climbs 4% Amid Record Whale Wallet Activity

News Flash 2026-04-17 03:46

XRP's price has risen by 4% in the last 24 hours, driven by increased whale activity and renewed institutional interest. The number of XRP wallets holding between 1,000 and 100,000 tokens has reached a record 1.1 million, with these mid-tier wallets accumulating over 500 million XRP since late 2025. This surge in whale activity comes despite a 52% price decline since October 25, indicating strategic buying during dips. Institutional demand for XRP is also on the rise, as evidenced by significant inflows into XRP ETFs. On April 15, net inflows across all US XRP ETFs totaled $17.11 million, pushing cumulative inflows past $1.25 billion. The Bitwise XRP ETF led with $6.23 million in inflows, followed by 21Shares and Franklin's ETFs. Additionally, XRP adoption is expanding, with Solana hinting at integration and Rakuten enabling XRP payments for its 44 million users.

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This content is for informational purposes only and does not constitute investment advice.

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