On-chain data from the XRP network has recently indicated significant whale activity. The increase in transfers of 10 million XRP and above reveals that institutional or high-net-worth investors are starting to show renewed interest in the market. Such transactions often occur before exchange entries or OTC ( over-the-counter ) purchases, which can serve as a precursor to price movements.

According to reports from data providers like Santiment, these high-volume transfers are experiencing one of the busiest periods in the last 12 months.

An increase is also observed in the number of active addresses on the XRPL, which indicates that the overall network usage has risen. This data suggests that investor interest may be linked not only to speculation but also to confidence in the technological infrastructure.

The fact that some whale wallets regularly carry large amounts of XRP strengthens the commentary that the market may be in a accumulation phase before a rally. However, the possibility that such movements could be manipulative should not be overlooked. Still, on-chain indicators have begun to provide the fundamental signals for a potential price jump in XRP.