XRP Whale Adds 470 Million Tokens Over 5 Days as Spot ETFs Continue Inflows

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On-chain data from BeInCrypto shows that XRP whales added 470 million tokens over five days. XRP spot ETFs also experienced net inflows during the same period. Price action has refocused attention on the $1.60 resistance level. A discrepancy exists between the cited figures of $742 million and $724 million. Ripple and Securitize launched a smart contract enabling BUIDL and VBILL holders to convert shares into RLUSD, according to CryptoPotato. Inflation data remains a key metric for tracking token supply movements.

[XRP Whale Accumulates Approximately 470 Million XRP Over Five Days; Spot ETF Inflows Continue] GoldNews reports that on September 27, according to BeInCrypto, analyst Ali Martinez cited on-chain data showing that large XRP holding addresses collectively added approximately 470 million XRP over the past five days, while XRP spot ETFs continued to experience net inflows. The combination of whale demand and institutional buying has once again made the $1.60 resistance level a key market focus. Note: The article’s headline cites an accumulation value of $742 million, while the body states $724 million. Additionally, according to CryptoPotato’s reporting during the same period, Ripple and Securitize have launched a smart contract allowing holders of BlackRock’s BUIDL and VanEck’s VBILL to redeem their shares for RLUSD.

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