XRP Whale Addresses Surge to Record High as ETF Hype Swells in July
Ah, XRP‘s price—gently riding the waves of gains, now for a delightful third consecutive week! And guess what? The number of XRP whales is going through the roof. 🐋
It seems these elusive crypto whales have woken up from their slumber, just as a whole bunch of traders are feverishly making large bets on the market. A rather harmonious scenario for the XRP crowd, if you ask me. ☀️
The XRP Whales: Now Hoarding Over 80% of the Circulating Supply—Because Why Not?
According to the ever-watchful Santiment, the number of XRP whale addresses—those holding at least 1 million XRP—has skyrocketed to 2,743 by July 9. A fine 9.7% rise since the year’s beginning, which, by the way, happens to be a record high. Well done, everyone. 🏆
In total, these mighty wallets now control a massive 47.32 billion XRP, which is more than 80% of the circulating supply. How charming! These whales must be feeling rather bullish about the future, as if the price drop of 30% earlier this year was just a passing storm. ⛈️
“These 1 million+ wallets collectively hold 47.32 billion XRP, as they continue to show confidence in the #4 market cap’s future,” said Brianq, an analyst at Santiment. Well, isn’t that a glowing endorsement. 😏
Even as XRP’s price fell nearly 30% from its January high, these whales kept adding to their stash. Because, why not buy more when it’s on sale, right? It’s like a fire sale—only with a bit more risk and a lot more volatility. 💸
The good news? Positive sentiment is also emerging in the derivatives market. The decentralized exchange Hyperliquid has been seeing some pretty hefty long positions on XRP. The sharks are circling… and they’re hungry. 🦈
Analysts have also been whispering about the possibility of a “God Candle” for XRP—some sort of mystical surge in price that could appear out of nowhere, maybe in 2025. I suppose that’s just how crypto works—one minute it’s down, the next minute you’re riding a rocket. 🚀
July: The Month of XRP ETF Speculation—Because We All Love a Good Deadline
Now, let’s talk about July—because why wouldn’t we? Not only are whale addresses growing, but a series of deadlines for XRP-related exchange-traded funds (ETFs) are quickly approaching. And you know what that means? More hype! 🎉
Nick, the sage founder of Web3Alert, pointed out that the US Securities and Exchange Commission (SEC) will soon be deciding on several XRP ETF applications. This includes both spot and futures-based ETFs. Talk about the pressure mounting—July is not just about hot dogs and fireworks; it’s about crypto fate. 🔥
There sure is a lot of $XRP ETF deadlines in July
— Nick | Crypto Crusader (@NCashOfficial) July 8, 2025
The SEC’s decision could end up shaping the future of XRP trading in the good ol’ US of A. Fingers crossed, right? 🤞
A quick glance at the data table reveals that ProShares, Turtle Capital, and Volatility Shares are all poised to launch their XRP ETF products, with deadlines looming in July. ProShares, ever the ambitious one, plans to roll out three XRP ETFs on July 14—because who doesn’t love a good trio? 🥳
Meanwhile, Turtle Capital and Volatility Shares are launching on July 21, with 2x leveraged versions of their ETFs. And just when you think it’s over, REX-Osprey plans to file for their XRP ETF on July 25. It’s like Christmas in July, only with less tinsel and more speculation. 🎄
Could these events cause a bullish storm in XRP’s price? Quite possibly. The market might even attract institutional investors eager to jump in. Hold onto your hats, folks. 🎩
But not everyone’s convinced the ETFs will land on time. A few doubters on X (formerly Twitter) have suggested that we might be looking at a delay, pushing those ETF deadlines into Q4 of 2025. Because, of course, crypto waits for no one. ⏳
Despite the naysayers, Polymarket’s prediction markets show a 90% chance that an XRP ETF will be approved sometime in 2025. So, it’s still a “glass half full” scenario for now. 🥂
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2025-07-10 12:07