Wall Street Backs Ripple with $500M at $40B Valuation; MicroStrategy Buys 10,624 BTC; 45B SHIB Leave Exchanges
Wall Street investors led a $500 million private share purchase in Ripple, setting a $40 billion valuation. Participants reportedly include Citadel Securities, Fortress, Marshall Wace, Brevan Howard, Galaxy and Pantera. The deal grants investors a sell-back right after 3–4 years with a 10% annual return (rising to 25% if Ripple initiates buybacks) and includes liquidation preference protection. XRP traded higher intraday, but moves tracked broader market strength. MicroStrategy (Strategy) announced the purchase of 10,624 BTC for $962.7 million, averaging $90,615 per BTC, financed via ATM common equity and preferred sales; the firm’s total holdings now stand at 660,624 BTC with an average cost of $74,696. Despite the large buy, BTC remained just under $92,000 and MSTR stock was +3% pre-market. On-chain data shows a net outflow of ~45.2 billion SHIB from exchanges in 24 hours, a -2% exchange netflow, signalling holders are shifting tokens into self-custody — a token-supply reduction on exchanges often interpreted as bullish for SHIB. Key trading implications: increased institutional capital into Ripple may affect XRP sentiment; MicroStrategy’s large BTC accumulation modestly reduces available market supply but has had limited immediate price impact; SHIB exchange outflows reduce selling pressure and could support near-term rallies. Keywords: Ripple funding, XRP, MicroStrategy BTC purchase, Bitcoin accumulation, SHIB exchange outflow.
Bullish
The combined news is overall bullish. Reasoning: 1) Institutional capital—A $500M private round valuing Ripple at $40B, plus protective investor terms, signals renewed institutional appetite for crypto exposure; that typically supports positive XRP sentiment and can attract further capital or trading interest. 2) BTC accumulation—MicroStrategy’s ~10,624 BTC buy (largest recent single purchase) reduces available market supply and demonstrates continued institutional demand for Bitcoin, which is a constructive long-term signal even if short-term price reaction was muted. 3) SHIB exchange outflows—~45.2B SHIB removed from exchanges indicates reduced immediate sell pressure and increased holder conviction, a bullish on-chain indicator for meme-token price action. Short-term impact: Expect heightened volatility — XRP may get episodic rallies as markets price in investor backing and liquidation protections; BTC may see limited upside until broader liquidity or spot demand increases despite tightened supply; SHIB could experience short-term rallies as exchange liquidity tightens. Long-term impact: Institutional funding and repeated accumulations by public companies can underpin higher baseline valuations and improved market confidence. Caveats: Deal terms (sell-back rights and liquidation preference) could create complex secondary-market dynamics; macro factors and regulatory developments remain key determinants of sustained bullishness.