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Cryptocurrency News Articles

Ripple Price, XRP Surge, and a Kraken Whale: What's Going On?

Sep 29, 2025 at 12:28 am

XRP shows resilience with a whale buying spree on Kraken, sparking optimism amidst broader market stagnation. Is this the catalyst for a late-2025 breakout?

Ripple Price, XRP Surge, and a Kraken Whale: What's Going On?

XRP is showing some serious swagger lately, bucking the trend of a sideways-moving crypto market. A big whale spotted on Kraken is making waves, but can this rally last? Let's dive in.

XRP Defies Gravity: A Weekend Rebound

While Bitcoin and Ethereum are stuck under resistance levels, XRP managed to reclaim the $2.80 mark, even hitting intraday highs of $2.83 on September 28, 2025. This suggests XRP has got a bit more spring in its step compared to the big boys.

Whale Alert: $48.9 Million XRP Purchase on Kraken

Here's where it gets interesting. A whale (that's crypto-speak for someone with a lot of digital dough) scooped up a massive 17,555,420 XRP, worth about $48.9 million, on Kraken. This wasn't just a casual purchase; the tokens were quickly transferred to an external wallet, hinting at a long-term hold. Could this explain why XRP is staying afloat while other cryptos are treading water?

Traders Betting Big on XRP

Data from Kalshi prediction markets shows increased bets on XRP hitting $5 by the end of 2025. Bets on lower targets are dropping, suggesting traders think XRP's latest bounce is just the beginning.

Technical Outlook: Can XRP Hit $3?

Technically speaking, XRP's volatility is calming down. If it can hold above $2.80, a rebound towards $3.00 might be in the cards. A bullish MACD crossover could be the signal to watch for, especially if those whale purchases keep coming.

The Flip Side

Of course, it's not all sunshine and rainbows. Failing to hold $2.80 could bring renewed selling pressure, potentially dragging XRP back down to $2.73 or even $2.60. But hey, that's crypto for ya.

XRP Tundra: A Different Angle

Speaking of XRP, there's also buzz around XRP Tundra, a project offering staking rewards for XRP holders. While it's a separate entity, it adds another layer to the XRP ecosystem. Just remember to do your homework before diving into any new project.

The Bottom Line

XRP is showing signs of life, thanks to whale activity and positive trader sentiment. Whether this translates into a sustained surge remains to be seen, but for now, XRP is one to watch.

So, is XRP about to go on a wild ride? Only time will tell. But with whales loading up and traders placing their bets, things are definitely getting interesting. Buckle up, crypto enthusiasts; it could be a bumpy but exciting end to 2025!

Original source:coinspeaker

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Other articles published on Oct 09, 2025