Is a Significant Transfer of XRP by a Major Holder Potentially Fueling Its Upcoming Price Increase?
In the world of cryptocurrencies, the actions of large investors, known as whales, can significantly impact market trends. Recently, this has been evident in the case of Dogecoin (DOGE) and Ripple (XRP).
Dogecoin has seen a surge in price after whales accumulated over 2 billion tokens, worth approximately $500 million, in a week. This accumulation in mid-August 2025 coincided with Dogecoin's price recovering and testing $0.25 resistance levels. This marked the highest level of whale activity in over a month and was linked with price surges and bullish momentum [2][5].
Similarly, massive whale transactions worth over $1 million per transaction totaling more than $200 million in DOGE helped push the price from about $0.196 to $0.246. These large transactions are correlated with price increases and anticipation of major price moves [3].
Moves of huge DOGE amounts, such as 900 million DOGE transfers to Binance exchange, have historically led to increased volatility and market attention, as they provide liquidity and signal possible upcoming sell or buy pressure [4].
Regarding XRP, while the evidence is less specific in recent data, large whale purchases can potentially reduce selling pressure and serve as an example to retail investors. In mid-July, Ripple whales began accumulating considerable XRP portions. This accumulation led to an impressive price rally and a new all-time high above $3.60 for XRP [1]. However, after the impressive rally, Ripple whales started to lock in some gains, causing XRP to dip below $2.80 in the following days [6].
On the other hand, Ethereum (ETH) is inches away from its 2021 peak, while Bitcoin (BTC) charted a new all-time high today. Despite XRP's recent dip, it has been trailing behind the most recent broader crypto market rally, with Ripple (XRP) failing to copy the aforementioned gains or the price performances of BTC and ETH [7].
Meanwhile, Cardano (ADA) whales accumulated 200,000,000 coins at the beginning of the current business week. While the search results do not provide direct recent examples of whale activities triggering price surges for ADA, large holders often influence price action by concentrating token supply and affecting market sentiment, as is typical with major cryptocurrencies.
In summary, whale activity is a significant market factor because whales’ large trades affect liquidity, supply control, and market psychology, often leading to price surges or increased volatility across many cryptocurrencies.
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- Trading cryptocurrencies like Dogecoin (DOGE) can be influenced significantly by whale activity, as large accumulations of tokens, such as over 2 billion DOGE, worth approximately $500 million, can lead to price surges.
- In the realm of finance and investing, whale transactions in cryptocurrencies such as XRP, totaling over $200 million in DOGE, have been found to cause price increases and anticipation of major price moves.
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