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Reading: XRP trades at $1.09 as institutional buyers accumulate, whale wallets surge
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COINTURK NEWS > Ripple (XRP) > XRP trades at $1.09 as institutional buyers accumulate, whale wallets surge
Ripple (XRP)

XRP trades at $1.09 as institutional buyers accumulate, whale wallets surge

In Brief

  • 🚨 Institutions and whales are rapidly accumulating $XRP as prices drop.

  • 📊 Whale wallets and outflows from exchanges both reach record levels this week.

  • 🔍 XRP is 70% below its all time high and big buyers are treating this as an entry opportunity.
Altar Kılıçarslan
Altar Kılıçarslan 9 seconds ago
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XRP is currently trading at $1.09 after a drop of nearly 5%, as broad cryptocurrency markets remain flat to negative. Bitcoin continues to hover below $75,000, while institutional activity has intensified across leading digital assets. Prominent crypto commentator Austin Hilton maintains a bullish outlook, pointing to the continued accumulation by large players.

Contents
Institutional buying expands to major cryptocurrenciesXRP whale wallets and exchange supply trendsDrawdown and institutional investment strategyTechnical indicators reinforce accumulation caseFollowing institutional trends in real time

Institutional buying expands to major cryptocurrencies

Austin Hilton has observed increasing institutional buying interest spanning multiple top digital assets. He stated that large holders are systematically adding Bitcoin, Ethereum, Solana, and XRP to their portfolios. MicroStrategy, for example, has acquired an additional 1,036 Bitcoin, pushing its total reserves above 850,000 BTC.

Bitmine, currently the largest holder of Ethereum, persists in expanding its position, reflecting a widespread accumulation trend rather than selective purchasing. This broad-based approach among institutions contrasts with more sporadic buying seen in previous market cycles.

Hilton points out that, “They’re buying Bitcoin, they’re buying Ethereum, they’re buying Solana, they’re buying XRP.” He emphasizes that this pattern is systematic, backed up by on-chain data showing persistent accumulation across assets.

XRP whale wallets and exchange supply trends

The number of large XRP holders has reached new highs. There are now 2,147 publicly identified wallets containing at least one million XRP each, following an increase of 28 additional wallets in recent weeks. Furthermore, over 60 million XRP have been accumulated during this period.

Institutional activity is also impacting exchange supply. Data shows that 104 million XRP moved from major exchanges over the past week. This outflow has resulted in declining exchange reserves, a factor often interpreted as a signal of long-term accumulation by whales. Large holders appear to be shifting assets into secure storage, reducing the liquid supply on trading platforms.

Drawdown and institutional investment strategy

XRP is trading roughly 70% below its record high of $3.65, while Ethereum is 57% below its own all-time peak. Hilton suggests institutions view these valuations as opportunities rather than setbacks. He explains that large buyers maintain an unemotional, strategy-driven approach to acquisitions, holding within defined accumulation zones and realizing profits at targeted levels.

According to Hilton, institutions buy during price declines, hold through volatility, and exit when target objectives are reached—unlike many retail investors who react emotionally and often sell during periods of uncertainty.

Retail market participants are more prone to reacting to market downturns, but data-driven institutional strategies prioritize longer-term positions established during drawdowns.

Technical indicators reinforce accumulation case

Current technical signals also support Hilton’s accumulation thesis. XRP trades below its 200-day moving average, and his proprietary X1 Algo tool has generated a buy signal at this range. Historically, previous X1 Algo buy signals in XRP have led to advances of 48% over 12 days, 42% in 74 days, and 44% from entry to exit. Hilton believes the present conditions mirror earlier setups that preceded significant rallies.

Following institutional trends in real time

The surge in institutional activity and notable whale wallet growth makes timely tracking crucial for active traders and investors in $XRP. CryptoAppsy, with its real-time charting and customizable price alerts, allows users to monitor whale movements and exchange outflows as these accumulation patterns develop. As institutional actions can rapidly shift price dynamics, CryptoAppsy’s tailored market-tracking tools are positioned to help users stay updated without delay.

Austin Hilton concludes that institutional buyers do not wait for total market clarity but act confidently during periods of uncertainty. This behavior sets them apart from retail traders, who often miss such opportunities by focusing on short-term volatility. With XRP at $1.09, falling exchange supply, and expanding whale wallet counts, changing market dynamics are evident as large entities continue to accumulate significant positions.

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Altar Kılıçarslan 10 November, 2026 - 8:16 pm 10 November, 2026 - 8:16 pm
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Altar Kılıçarslan
By Altar Kılıçarslan
Altar Kılıçarslan is a software developer who has been actively involved in the cryptocurrency and blockchain ecosystem for over 6 years. Combining technical expertise in project infrastructures with practical market experience, he aims to provide readers with well-grounded insights. At Coin-Turk, he writes technology-focused project reviews, covers industry developments, and analyzes the dynamics of the crypto ecosystem.
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