XRP Accumulation Watch: March Whales Buy 110M XRP, Global Demand Expands
Crypto analyst John Squire says XRP accumulation is happening “under the surface” with activity not clearly reflected by short-term price charts. On-chain data cited in the report shows large XRP holders increased positions in early March 2026, buying about 110 million XRP (around $152 million) in a short period.
The article frames this XRP accumulation as strategic rather than reactive. It notes whales typically accumulate during low-volatility windows to enter efficiently. It also claims the buying is geographically dispersed, indicating expanding interest beyond one region and supporting XRP’s broader utility narrative for cross-border liquidity and settlement.
Price action is described as constructive: XRP is forming higher lows, buyers step in on dips, and consolidation is occurring near resistance—often interpreted as a token transfer from short-term traders to long-term holders.
Bottom line: the report suggests XRP accumulation could mark a preparation phase for a stronger move, though it provides no guarantees and includes a standard financial disclaimer.
Bullish
The article’s core claim is that XRP accumulation by whale wallets is accelerating in early March (about 110M XRP, ~$152M). Historically, whale-led accumulation during low volatility often precedes either a gradual re-pricing or a volatility expansion later, because larger holders soak up sell pressure and reduce available liquidity on exchanges.
Short term: traders may see support strengthening around the “higher lows” structure described, which can attract dip buyers and tighten spreads. However, if resistance levels fail to break, rallies may be sold by faster money.
Long term: if the reported multi-region accumulation persists, it can reinforce the market’s confidence that demand is structural (not purely speculative). That can improve the probability of sustained uptrends and reduce flash-drawdowns. Still, whale data is not a guarantee—past cycles have shown that accumulation can last for weeks before any breakout, or that whales can eventually distribute during broader risk-on/off rotations.