XRP is in the middle of one of its biggest accumulation phases ever. Fresh on‑chain data shows that large holders, often called whales, are adding XRP at a speed not seen before. This is happening just as several deadlines for U.S. SEC decisions on XRP exchange‑traded funds (ETFs) approach in October. The overlap of these two trends makes the next few weeks important for XRP’s price and adoption.
Whale Accumulation Hits Record High
A new chart from CryptoQuant shows a sharp rise in whale activity. The chart tracks XRP held in wallets that were active within the last day and compares it to past price moves. The purple area on the chart has shot up almost vertically over the last few weeks.
That surge means big investors are moving and buying XRP more aggressively than in any earlier cycle. Exact numbers aren’t given, but the pattern is clear: whales are pulling large amounts of XRP off the market and holding it. When that happens, supply on exchanges tightens, which often sets the stage for strong price moves.
🚨XRP WHALES ARE BUYING LIKE NEVER BEFORE!
— Coin Bureau (@coinbureau) September 28, 2025
Whale wallets are scooping up $XRP at record pace — the most aggressive accumulation in XRP’s history. pic.twitter.com/glQtdrveyk
Key SEC ETF Deadlines Are Coming Up
This buying spree lines up with a busy schedule for XRP ETF proposals. Over the next several weeks, the SEC will decide on a series of applications, including:
Grayscale XRP ETF – October 18, 2025
21Shares Core XRP Trust – October 19, 2025
Bitwise XRP ETF – October 20, 2025
Canary Capital XRP ETF – October 23, 2025
WisdomTree XRP ETF – October 25, 2025
Franklin Templeton XRP ETF – November 14, 2025
Any approval, or even a positive signal from regulators, could bring new money into XRP. ETFs make it easier for big investors and everyday traders to buy, which can push demand higher.
The mix of record whale accumulation and upcoming ETF decisions gives XRP a powerful setup. If one or more of these ETFs get approved, it would mark a major step toward mainstream adoption and could draw fresh capital into the market.