Whales have purchased almost $400 million worth of XRP in the last two days, potentially driving upward pressure on the asset's valuation.
Growing anticipation for a spot XRP ETF, with SEC acknowledgment of filings from Grayscale, 21Shares, and Bitwise, could provide a major catalyst for future price movement.
According to Ali Martinez, XRP whales bought 150 million XRP in the last 48 hours, totaling almost $400 million.
Possibility of an approved XRP ETF adds to the bullish sentiment, with a 44% chance of approval before July 31 and 78% chance before the end of 2025.