$3 Billion XRP Volume Spike – What Do Whales Know That You Don’t?
Whilst the XRP (XRP) price was subdued on Monday just above $2.10, elevated trading volumes of more than $3 billion in the past 24 hours suggest that something could be happening behind the scenes.
The price remains stuck in a near-term downtrend from its early 2025 highs near $3.50, having found resistance at its 50DMA over the weekend.
That said, XRP enjoyed a strong bounce from its 200DMA last week and is up over 30% from monthly lows, suggesting the bulls have not lost control of this market yet.
Resilient price action in recent sessions combined with elevated trading volumes suggests that whales could be accumulating in the background.
Do they know something that retail doesn’t?
Do the XRP Whales Know Something That Retail Doesn’t?
Brad Garlinghouse, the CEO of Ripple Labs, confirmed that the fintech company has reached a dismissal agreement with the SEC in an interview on Fox Business on Monday.
Ripple Labs, the creator of the XRP Ledger and cryptocurrency, was fined by the SEC back in 2020.
However, a series of legal setbacks combined with the arrival of the pro-crypto Trump administration in the White House has seen the SEC back off from lawsuits against major crypto market players, including Ripple Labs.
However, this isn’t the key development. XRP already ripped higher since Trump’s November victory in anticipation of a friendlier approach from regulators.
The key headline here is that Ripple Labs might settle the lawsuit by handing over $50 million in XRP tokens to the US government.
That would establish XRP as one of the top assets in the US government’s recently established crypto stockpile (which is separate from its strategic Bitcoin reserve).
The fact that the US government would be officially stockpiling XRP would be a major bullish signal for the crypto.
For now, XRP is likely to remain at the whims of the broader market. Developments relating to tariff wars, the state of the US economy and the Fed are key to watch.
If XRP is able to break above its 50DMA and recent downtrend, a 60% jump back to 2025 highs could be on the cards.
Alternative to Consider – SUBBD (SUBBD)
XRP could see a near-term bounce, but market conditions may remain choppy. A good opportunity to accumulate for sure, but XRP investors might also want to check out an exciting new token called SUBBD (SUBBD).
The $SUBBD token presale, launched just days ago, has already raised an impressive more than $150,000, reflecting strong early interest.
Priced at $0.0551, the token powers SUBBD’s AI-driven platform, designed to revolutionize the $85 billion creator economy by enabling low-fee, direct payments and automating content tasks.
Investors also benefit from perks such as SUBBD token staking, which offers a 20% annual yield, and other VIP perks. With a network boasting 250 million followers, the project shows a lot of early promise and is worth looking into.
YouTube analyst Stock Investor recently gave a glowing review of the token to his 55,700 subscribers.