{"id":13897,"date":"2025-02-19T13:16:56","date_gmt":"2025-02-19T13:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13897"},"modified":"2025-02-19T13:16:56","modified_gmt":"2025-02-19T13:16:56","slug":"ripple-whales-go-on-a-buying-spree-again-is-xrp-ready-for-new-heights","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13897","title":{"rendered":"Ripple Whales Go on a Buying Spree Again: Is XRP Ready for New Heights?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"175\">Whales have purchased almost $400 million worth of XRP in the last two days, which could potentially drive upward pressure on the asset\u2019s valuation.<\/li>\n<li data-start=\"176\" data-end=\"350\" data-is-last-node=\"\">Growing anticipation for a spot XRP ETF, with SEC acknowledgment of filings from Grayscale, 21Shares, and Bitwise, could provide a major catalyst for future price movement.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-383994\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPWhales_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Time for Another Rally?<\/h2>\n<p><span data-preserver-spaces=\"true\">While XRP remains in green territory on a weekly scale, the price has recorded some setbacks in the past few days. It <a href=\"https:\/\/cryptopotato.com\/xrp-ada-and-sol-tumble-driving-liquidations-above-300m\/\" data-wpel-link=\"internal\">plunged<\/a> below $2.50 on February 18 before rising above <\/span><span data-preserver-spaces=\"true\">the current<\/span><span data-preserver-spaces=\"true\"> $2.60 (per CoinGecko\u2019s data).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><a href=\"https:\/\/x.com\/ali_charts\/status\/1892168895324180738\" data-wpel-link=\"external\" target=\"_blank\">According<\/a> to the popular X user Ali Martinez, whales have used the recent drop as an opportunity to accumulate additional tokens,<\/span><span data-preserver-spaces=\"true\">\u00a0buying 150 million XRP in the last 48 hours. As of writing these lines, the stash equals almost $400 million.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Continuous efforts in that field will reduce the coin\u2019s circulating supply, potentially making it more valuable (assuming demand doesn\u2019t head south). In addition, the actions of those investors <\/span><span data-preserver-spaces=\"true\">are sometimes mirrored<\/span><span data-preserver-spaces=\"true\"> by smaller players who might also join the ecosystem, thus injecting fresh capital.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shortly after<\/span><span data-preserver-spaces=\"true\"> highlighting the whales\u2019 efforts, Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1892182349829550171\" data-wpel-link=\"external\" target=\"_blank\">outlined<\/a> a price prediction for Ripple\u2019s native token. <\/span><span data-preserver-spaces=\"true\">Based on the potential breaking out of an ascending triangle on the lower time frames, <\/span><span data-preserver-spaces=\"true\">he believes<\/span><span data-preserver-spaces=\"true\"> it might climb by 4% to $2.68.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another <\/span><span data-preserver-spaces=\"true\">person who chipped in<\/span><span data-preserver-spaces=\"true\"> was EGRAG CRYPTO.<\/span><span data-preserver-spaces=\"true\"> They <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/egragcrypto\/status\/1892182732316299287\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">suggested<\/span><\/a><span data-preserver-spaces=\"true\"> that XRP needs to stay above $2.69-$2.73 in the 4-hour time frame to invalidate the bearish count and begin a bullish continuation.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">ETFs Pile up<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">An important factor that <\/span><span data-preserver-spaces=\"true\">may<\/span><span data-preserver-spaces=\"true\"> positively impact the <\/span><span data-preserver-spaces=\"true\">price of the asset<\/span><span data-preserver-spaces=\"true\"> is the <\/span><span data-preserver-spaces=\"true\">possible<\/span><span data-preserver-spaces=\"true\"> approval of a spot XRP ETF in the US.<\/span> <span data-preserver-spaces=\"true\">Such a product will enable investors to gain exposure without <\/span><span data-preserver-spaces=\"true\">having to purchase or hold the token.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some <\/span><span data-preserver-spaces=\"true\">of the<\/span><span data-preserver-spaces=\"true\"> companies that have already displayed their intentions to introduce that type of investment vehicle include Grayscale, 21Shares, and Bitwise. It is worth noting that the US Securities and Exchange Commission (SEC) officially <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-xrp-etf-edges-closer-to-reality-with-new-milestone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">acknowledged<\/span><\/a><span data-preserver-spaces=\"true\"> their applications.<\/span><\/p>\n<p>This means that these applications are now under the regulator\u2019s review, awaiting approval or rejection. <span data-preserver-spaces=\"true\">The deadline for the final decision is 240 days from the initial filings.\u00a0<\/span><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/polymarket.com\/event\/ripple-etf-approved-in-2025?tid=1739967757738\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">According<\/span><\/a><span data-preserver-spaces=\"true\"> to Polymarket, the chances of an approved XRP ETF before July 31 are 44%, while the odds of that to happen before the end of 2025 are 78%.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-whales-go-on-a-buying-spree-again-is-xrp-ready-for-new-heights\/\" rel=\"nofollow\">Ripple Whales Go on a Buying Spree Again: Is XRP Ready for New Heights?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Whales have purchased almost $400 million worth of XRP in the last two days, which could potentially drive upward pressure on the asset\u2019s valuation. Growing anticipation for a spot XRP ETF, with SEC acknowledgment of filings from Grayscale, 21Shares, and Bitwise, could provide a major catalyst for future price movement. Time for Another Rally? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13897","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13897"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13897\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}