Analysis of recent whale activity and wallet data for XRP indicates growing interest and investor confidence in the cryptocurrency, despite a challenging market environment.
Overview of XRP Whale Activity
Recent data show that the 90-day moving average of XRP whale flows turned positive in early May 2025. This change followed a significant decline between January and April, marking a corrective phase. The renewed influx of whale capital suggests strengthening market sentiment, and analysis indicates that the bullish trend began forming in the second half of 2024, potentially leading to XRP price increases in Q4 2025.
Wallet Data and Investor Confidence
Amid significant activity in large wallets, the number of addresses holding over 1 million XRP reached a record 2,850. Wallets with holdings exceeding 10,000 XRP increased by 6.2% year-to-date. This underscores strong long-term investor confidence, despite several months of stagnant price action. Furthermore, analytics platform Santiment noted that XRP sentiment has reached a 17-day high.
Ripple's Legal Issues with the SEC
It is also important to note that the ongoing legal case between Ripple and the SEC remains a significant factor affecting the market. On June 26, 2025, District Judge Analisa Torres denied a motion for an indicative ruling, reaffirming that private settlements cannot override a court's judgment. The judge emphasized that if the parties wish to avoid the implications of the ruling, they must either withdraw their appeals or challenge it through the formal appeals process.
In conclusion, despite the current legal challenges and recent market activity declines, XRP shows positive signs owing to increased whale activity and strengthened confidence among investors.
