XRP Whales Accumulate Over $560M Amid ETF Delays, Sparking Market Momentum

XRP has recently experienced significant whale accumulation, with over $560 million worth of XRP purchased by large holders, signaling renewed confidence and potential for major price movements as supply is pulled off the market (Article 1). XRP surged past $2.6, flipping Binance Coin (BNB) in market size, positioning itself as the second-largest altcoin after Ethereum, with potential price targets between $8 and $12 driven by possible XRP ETF approvals and a favorable market environment (Article 2). However, momentum has shown signs of fading as long-term holders engage in profit-taking and smaller whales reduce holdings, creating uncertainty and potential for a short-term pullback amid mixed signals from different whale groups (Article 3). Market data indicates that whales are selling into the recent rally around $2.63 to $2.82, creating resistance and suggesting a possible dip below $2.50 before renewed buying momentum might resume; technical analysis points to a decade-long breakout pattern with speculative targets as high as $589 if sustained (Article 4). Despite some near-term pressure, bullish momentum remains strong, with liquidity clusters near $3.60 and analyst projections emphasizing a critical breakout point above $3.00–$3.60 that could drive XRP significantly higher, supported by ongoing whale accumulation and positive on-chain dynamics (Article 5). Overall, while XRP shows strong signs of accumulation and potential for substantial gains, short-term volatility and mixed whale behavior warrant cautious optimism among investors.