XRP Whale Buys Surge to 10-Month High Before Tokyo 2026

2 hours ago

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Why are whales stacking up XRP at record highs this year?

What makes the Tokyo 2026 conference so significant for XRP investors?

How are institutional investors impacting XRP's performance in the market?

XRP Whale Buys Surge to 10-Month High Before Tokyo 2026 — Image source: Unblock Media

XRP whale activity hits a 10-month high with daily acquisitions surpassing 11 million XRP.
The upcoming XRP Tokyo 2026 conference is set to showcase innovations in asset tokenization and enterprise DeFi.

On April 6, 2026 (UTC), Cryptopolitan reported that large-scale investors, commonly known as "whales," are accumulating over 11 million XRP daily. This marks the highest level of whale activity in 10 months, highlighting heightened interest in the cryptocurrency. XRP has seen a 3% price increase to $1.34–$1.35, defying the broader cryptocurrency market's current downturn.

The accumulation aligns with the upcoming XRP Tokyo 2026 conference, scheduled to take place on April 7. With over 3,000 crypto and finance professionals expected to attend, the event will focus on advancements in the XRP Ledger (XRPL), innovations in asset tokenization, and enterprise-level decentralized finance (DeFi) solutions.

Headlining the conference are key figures from Ripple, including Christina Chan, Tatsuya Kohrogi, and Markus Infanger, alongside representatives from industry leaders such as Securitize Japan, Evernorth, a16z Crypto, and SBI Ripple Asia. Japan holds a pivotal role in Ripple's strategy due to its partnership with SBI to introduce RLUSD, Ripple's Liquidity Hub solution, across the region.

Institutional interest in XRP has also demonstrated considerable growth this year. Spot XRP ETFs have recorded $41 million in inflows since January 2026. Increased XRP outflows from exchanges suggest diminished immediate selling pressure, while a 72% rise in trading volume highlights robust market participation and supports the recent price surge.

Analysts are closely observing XRP's activity near the $1.35 resistance mark. A sustained breakout above this level could drive the token's value to test $1.40 and even $1.60, buoyed by continuous whale accumulation and rising institutional momentum.

As of April 6, 2026, 16:08 UTC, XRP is trading at $1.35, with a 3.96% increase in 24-hour trading volume, according to CoinMarketCap.