XRP Price Targets $3 as Whale Wallet Count Hits New All-Time Highs

Why It Matters

The buildup of large holders and plans by Ripple for a $1 billion Digital Asset Treasury raise the stakes by reducing immediate sell liquidity and increasing upside risk for market participants.

Summary

XRP staged a sharp rebound—rising as much as 13% to $2.48—driven by record whale accumulation and dwindling exchange supply, with wallets holding at least 10,000 XRP hitting an all‑time high of about 317,500 and on‑exchange supply falling to 3.9% from 6.12% in the past 30 days. Traders say XRP must reclaim the $2.59–$2.65 area (200‑day SMA/20‑day EMA) to target $3 and potentially $3.40 to complete a V‑shaped recovery, while compressed Bollinger Bands suggest a significant move may be imminent. The buildup of large holders and plans by Ripple for a $1 billion Digital Asset Treasury raise the stakes by reducing immediate sell liquidity and increasing upside risk for market participants.