XRP whale quietly returns! The number of wallets holding millions rebounds, ETF funds continue to flow in but suppress the price?

GateNews
XRP0,8%
BTC0,92%
ETH3,09%

January 29 News, despite XRP’s price declining by approximately 4% this month and facing short-term pressure, on-chain data is sending a completely different signal. According to statistics from Santiment, the number of “whale-level” wallets holding at least 1 million XRP has rebounded for the first time since September 2025, with a net increase of 42 this month, bringing the total to 2,016, ending a four-month consecutive decline. XRP is Ripple’s core cryptocurrency used for cross-border payments, and this change is seen as a sign of medium- to long-term confidence recovery.

Santiment on X pointed out that the return of large addresses usually indicates longer-term capital deployment rather than short-term speculation. Meanwhile, the US spot ETF linked to XRP has also shown clear signs of attracting capital. According to SoSoValue data, such products recorded a net inflow of approximately $91.72 million this month, and in November and December 2025, the related capital inflows reached $666 million and $499 million respectively.

This performance contrasts sharply with Bitcoin. Bitcoin ETFs experienced about $278 million in net redemptions this month, and over the two months ending in late 2025, capital outflows exceeded $4 billion, indicating that market funds are rotating out of some mainstream assets.

However, XRP’s price has not reflected these positive changes. The current price is about $1.88, down approximately 1.7% in 24 hours, and it has repeatedly faced resistance near $2.00. It has failed to stabilize above the 50-day moving average this month, indicating that the short-term technical outlook remains weak.

This divergence—“large holders increasing holdings, ETF attracting capital, and price falling”—suggests that the market is quietly accumulating rather than making emotional surges. Historical experience shows that such structures often imply a prolonged period of consolidation, followed by larger volatility. If the overall crypto market momentum has not yet recovered, especially if Bitcoin and Ethereum do not strengthen, XRP may continue to consolidate in the short term, but the medium- to long-term foundation is quietly being solidified.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP CLARITY Act Vote in Focus as XRP Holds $1.34 and Senate Returns April 13

XRP is trading at $1.34 as traders await the Senate's action on the XRP CLARITY Act, with potential for significant ETF inflows. The Banking Committee's markup is expected in late April, crucial for defining XRP’s regulatory status.

Cryptonews3h ago

XRP Liquidity Fails To Recover After Massive October Crash - U.Today

Liquidity in major digital assets like XRP, BTC, ETH, and SOL remains low due to a significant deleveraging event on October 10, which caused a crash and a dramatic decrease in market depth. The aftermath has led to a sustained decline in these assets' liquidity, with potential implications for future institutional price discovery.

UToday5h ago

NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

LiveBTCNews14h ago
Comment
0/400
No comments