XRP's market is experiencing a significant, yet subtle, transformation as institutional money and large-scale investors make strategic moves, hinting at a fundamental shift in control despite a largely flat price performance. This confluence of major player activity suggests a deliberate build-up of exposure beneath the surface of current trading patterns.
Institutional Inflows Powering Demand
The market has witnessed a robust influx of institutional capital into Spot XRP ETFs, pushing total net assets past an impressive $1.2 billion. This consistent stream of positive inflows, even on quieter trading days, signifies a measured and persistent interest from institutions. Rather than fleeting spikes, this steady accumulation points towards a deliberate strategy of gradually building exposure, establishing a solid foundational base for XRP's future, even as the asset's price remains largely anchored around $1.90.
Whales Increase Their Stake
Adding to the institutional momentum, significant on-chain data reveals that large XRP holders, often referred to as "whales" (wallets holding between 100 million and 1 billion XRP), have actively begun increasing their supply share once more. After a brief decline, whale ownership has climbed back towards the 12.8% range, indicating active, rather than passive, positioning. This synchronized movement of both institutional capital and major individual holders suggests a profound redistribution of market control, as powerful entities solidify their presence.
Price Stability Amidst Shifting Control
Despite these strong indicators of underlying demand and accumulation, XRP's price has remained relatively stable near $1.94, trading below key exponential moving averages (EMAs) which typically signal a broader bullish trend. While momentum indicators like RSI and MACD suggest a reduction in selling pressure rather than a surge in new demand, this stability, combined with significant capital inflows and whale activity, paints a picture of controlled accumulation. The market is witnessing a strategic re-positioning of ownership and control, even if a dramatic price breakout has yet to materialize.