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XRP Accumulation Reaches Historic Levels as Large Wallets Hit Record High

XRP Accumulation Reaches Historic Levels as Large Wallets Hit Record High

Author:
XRP News
Published:
2025-10-30 16:00:43
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP is demonstrating remarkable strength in the cryptocurrency market as institutional and large-scale investors continue accumulating the digital asset. Recent data from Santiment reveals that wallets holding over 10,000 XRP tokens have reached an unprecedented high of 317,500, marking a significant milestone in the asset's adoption trajectory. This accumulation trend has been steadily building throughout 2025, with network growth maintaining a consistent 1.8% monthly increase in qualifying wallets. The growing confidence among mid-to-large holders coincides with XRP's price recovery, which has seen a 5.3% rebound from recent lows. This combination of technical recovery and fundamental accumulation suggests a robust foundation for future price appreciation. The sustained upward trajectory in large wallet holdings indicates that sophisticated investors are positioning themselves for potential long-term gains, viewing current price levels as attractive entry points. This behavioral pattern typically precedes significant market movements and reflects growing institutional interest in XRP's underlying technology and market position. As the network continues to expand and accumulation behavior outweighs distribution, the stage appears set for continued positive momentum in both adoption and valuation metrics for this prominent digital asset.

XRP Wallets Holding Over 10,000 Tokens Hit Record High Amid Price Recovery

XRP has rebounded 5.3% from recent lows as investor confidence returns, according to Santiment. The recovery coincides with a surge in mid-to-large holders, with over 317,500 wallets now holding at least 10,000 tokens—a historic high.

Network growth remains steady, adding 1.8% more qualifying wallets in the past month. The metric's consistent upward trajectory throughout 2025 suggests accumulation behavior outweighs short-term price concerns.

Market participants appear to be leveraging discounted prices for strategic positioning. The expanding holder base signals strengthening conviction in XRP's long-term value proposition.

$3 Million XRP Hack Exposes Predatory Recovery Firms in Crypto Space

A devastating $3.05 million XRP hack has unveiled a darker side of the cryptocurrency recovery industry, with blockchain investigator ZachXBT revealing that 95% of recovery firms may be predatory. The funds, stolen from retiree Brandon LaRoque's Ellipal wallet, were traced through 120 cross-chain swaps before vanishing into OTC desks linked to Huione—a payments network recently sanctioned by the US Treasury for laundering illicit funds.

LaRoque, who lost his life savings accumulated since 2017, mistakenly believed his XRP was secured in cold storage. The breach occurred after importing his seed phrase into the Ellipal mobile app, effectively converting the setup into a hot wallet. "It was our whole retirement," LaRoque lamented in a YouTube video, underscoring the human toll of such exploits.

The incident highlights critical vulnerabilities in both wallet security and global enforcement. ZachXBT's investigation found the attacker Leveraged Ripple-to-Tron bridges and SWFT (now Bridgers) to obscure the trail, ultimately funneling the assets to known laundering channels. This case serves as a stark reminder of the crypto ecosystem's unregulated underbelly, where desperate victims often fall prey to recovery scams promising unrealistic restitution.

XRP Price Stabilizes as Oversold Conditions Signal Potential Rebound

XRP's relentless decline has paused, with the cryptocurrency finding stability between $2.30 and $2.40. This range could mark the beginning of a broader reversal as technical indicators suggest sellers are losing momentum.

The recent drop below the 200-day moving average triggered panic, but the swift rebound reveals strong demand at lower levels. Increasing volume on green bars and shorter lower wicks indicate easing selling pressure. With the RSI at 37—historically a precursor to rebounds—XRP may be poised for a short-term rally.

Key levels to watch include $2.25 as support and $2.60-$2.65 as resistance. A breakout above this zone could propel XRP toward $2.80-$2.90, while failure to hold current levels might retest $2.00.

XRP Faces Critical Week as ETF Decision Looms Amid Institutional Moves

Ripple's XRP enters a pivotal week with institutional momentum clashing against tepid price action. The $1 billion acquisition spree—including the GTreasury deal unlocking access to a $120 trillion market—signals long-term institutional intent, yet XRP remains the worst-performing top-five crypto this quarter, down 17%.

Binance's perpetual market reveals a precarious skew: over 70% of XRP/USDT volume is dominated by longs. This lopsided positioning risks cascading liquidations if the broader risk-off sentiment persists. "Cautious optimism" prevails, but the disconnect between HYPE and price suggests traders are hedging bets ahead of the ETF verdict.

ZachXBT Traces $3 Million XRP Theft Through Bridgers to Huione Network

On-chain investigator ZachXBT has uncovered a $3.05 million XRP heist from a US retail user's Ellipal hardware wallet, tracing the stolen funds through crypto aggregator Bridgers—formerly linked to SWFT—and into OTC channels connected to Cambodia's Huione network. The laundering route gained significance after US authorities moved to sever Huione's access to American financial systems last week.

The theft address (r3cf5mgj5qEcj9n4Th28Es7NVRnXGJjkzc) was identified through temporal and transactional patterns matching a viral YouTube video. ZachXBT noted the victim's apparent inexperience, suggesting user error as the likely compromise vector rather than wallet vulnerabilities.

Attackers executed a rapid cross-chain conversion, creating 120+ Ripple-to-Tron transactions via Bridgers on October 12, 2025. Blockchain explorers misleadingly displayed these as Binance transactions due to Bridgers' liquidity partnerships. Funds ultimately consolidated at TGF3hP5GeUPKaRJeWKpvF2PVVCMrfe2bYw on Tron.

Ripple (XRP) Price Analysis: Key Levels and Market Structure Shift

XRP trades at $2.47, marking a 5% daily gain but remains 5% lower weekly. Analysts identify critical demand zones and Fibonacci extensions suggesting potential upside targets.

EtherNasyonaL's inverted monthly chart reveals XRP consolidating within a historic demand zone—formerly 2018 resistance—now acting as support. The pattern resembles a rounded bottom, typically preceding trend reversals. "The next major MOVE is being prepared to the upside," the analyst notes.

ChartNerd's six-month Fibonacci analysis projects ambitious targets at $5, $8.59, and beyond, citing maintained higher highs and lows. Despite recent upper wicks, the structural uptrend remains intact.

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