$XRP is on-chain activity just spiked đ„ â 716 transactions over $1M each, the highest in 4 months! Large wallets are clearly positioning for big moves, according to analyst Ali Martinez.
â Whale Strategy in Action
This isnât random. Observers say the timing and consistency of these high-value transfers suggest coordinated activity, not isolated trades. Possible drivers:
ETF inflows đč
Tightening supply on exchanges
Increased institutional use cases like ODL
The community notes that whales are likely prepping for demand from expanding institutional access.
â ETF Performance Adds Fuel
The Canary Capital spot $XRP ETF (XRPC) kicked off strong, racking up $916k in volume in just 30 mins! More ETFs from Bitwise, CoinShares, and 21Shares are expected in November, further opening institutional pathways.
â Market Outlook
With whales moving and ETFs expanding, $XRP is entering a phase of visible institutional positioning. Keeping an eye on liquidity, ETF inflows, and exchange supply will be key to understanding XRPâs near-term moves.
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