XRP Surges, Whales Bought $724M In 5 Days: What's Going On?
XRP rose 4% on Friday due to whale accumulation and ETF inflows. Analyst Ali Martinez reported whales bought $724M worth of XRP in five days. ETFs saw $14.89M in inflows on Sept. 24, following two prior days of inflows. Bitget confirmed a $351M hack affecting multiple tokens, including XRP, but cold wallets remain secure. XRP is trading near $1.70, with key support at $1.43.
How this was made

The 30-second read
Why it matters
The combined whale accumulation and ETF inflows suggest a short‑term bullish bias for XRP.
Market read
XRP's price move may affect crypto market sentiment and related ETFs.
What to watch
Potential regulatory scrutiny on XRP and recent exchange hack could dampen momentum.
Background
The article reports a 4% price jump in XRP driven by recent whale buying and ETF inflows.
Ticker impact
XRP jumped 4% on Friday after whales accumulated $724M worth of tokens and spot ETF inflows continued for three days.
Potential further upside toward $1.70 if buying pressure persists.
Whale accumulation of 470M XRP and consistent ETF inflows are fresh, sizable signals that often precede continued rally.
Market effects
Increased demand for crypto assets may lift broader digital asset sector.
US spot XRP ETFs show strong inflows, indicating domestic investor interest.
Large whale activity could influence global XRP liquidity and price dynamics.
Counterpoint
If whales are unloading after accumulation, a reversal could occur quickly.
Key entities
- cryptocurrencyXRP
Digital asset experiencing price surge.
- exchangeBitget
Exchange reporting a $351M security incident.





