XRP recorded a $10.6 million capital inflow over the past week despite a price decline to $2.18, signaling sustained institutional interest. This brings month-to-date inflows to $21.2 million and year-to-date accumulation to $219 million, underscoring market resilience.
Blockchain tracker Whale Alert identified three major transactions totaling nearly $1.4 billion, moving 640 million XRP between undisclosed wallets. Notably, Japanese exchange SBI VC Trade—affiliated with Ripple’s strategic partner SBI Group—originated a 320 million XRP transfer, highlighting institutional participation.
Ripple CEO Brad Garlinghouse reinforced confidence in the token’s trajectory, publicly emphasizing XRP’s long-term utility and value proposition. Market activity intensified as trading volume surged 47.30% to exceed $1.58 billion, reflecting robust participation despite recent price adjustments.
The substantial inflows and whale movements suggest persistent institutional accumulation, positioning XRP for potential volatility shifts. Market analysts interpret these developments as indicators of underlying strength amid broader cryptocurrency market fluctuations.