New data from CryptoQuant indicates a significant spike in XRP whale transfers, potentially signaling imminent price pressure amid ongoing institutional accumulation and rising ETF optimism alongside the emerging memecoin Pepeto.
Institutions including Flora Growth, Hyperscale Data, and Webus International continue accumulating XRP with a $10 million stake and a $300 million strategy amid a nearly 10% price surge from $3.14. Meanwhile, CryptoQuant research head Julio Moreno reported that XRP whale transfers to exchanges have surged, with the 30-day moving average increasing from 141 million to 260 million tokens, a pattern similar to July's activity that preceded a price drop. In parallel, Pepeto, a memecoin in presale, has raised over $5.83 million and offers infrastructure such as PepetoSwap and a cross-chain bridge, highlighting a market balancing institutional support with speculative opportunities.