HomeCryptocurrencyWhales Control XRP. They Want You Out. Here's What They're Doing

Whales Control XRP. They Want You Out. Here’s What They’re Doing

A post from XRP commentator Mickle (@xrpmickle) is currently gaining traction. It references a Fidelity article with data on whale accumulation in the XRP market, paired with a bold claim that whales control XRP, and they want to squeeze retail holders out of the market.

The Data Backing the Claim

The Fidelity article cited in the post contains notable figures. Wallets holding 1 million XRP or more now control 74.1% of the circulating supply. Those wallets added 1.53 billion tokens over six months.

According to data referenced in the article, whale buying at this scale has historically preceded every major XRP price move. The accumulation pattern suggests large holders are actively consolidating their positions.

XRP Price Targets in the Picture

The article also outlines several price projections from analysts. Standard Chartered holds an $8 price prediction, tied to ETF inflows and U.S. regulatory clarity.

TradingView analysts project a rally to $3.30, then $8.50, following a symmetrical triangle breakout. Longer-cycle analysis pushes the medium-term target to $12.04, with some projections extending to $26 by 2030 on ETF growth.

These numbers span a wide range. They reflect genuine disagreement among analysts about the pace and scale of any potential move.

XRP Community Responds

The post generated significant reactions from the community. One community member pushed back the $26 by 2030 target, calling it unrealistic. Others focused on the article’s source, noting that the content appeared unrelated to Fidelity directly and questioning who actually produced it.

One commenter argued that the cited whale wallet data refers to exchange wallets rather than individual large holders, suggesting the whale accumulation narrative may be overstated. Another questioned the logic of the original post entirely, asking why large holders would concern themselves with retail-sized positions.

Some took a more optimistic stance. One person said the right move is to hold and accumulate as much as possible before prices move. One commenter offered simple trading advice: sell low, buy high. Another stated that she will only get pushed out by whales once XRP reaches four digits.

What’s Next for XRP?

The accumulation of data is real. Whether it leads to the price targets analysts project depends heavily on institutional adoption and U.S. regulatory developments. Retail holders face a familiar situation. Large players are moving, and the direction may not be clear until after the move is complete. The next major catalyst will likely be regulatory, and investors need to watch the whales carefully.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on X, Facebook, Telegram, and  Google News

Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
RELATED ARTICLES

Latest News & Articles