XRP (CRYPTO: XRP) jumps 4% Friday as whale accumulation and three straight days of ETF inflows build momentum.
Why Whales Are Loading Up
Widely followed crypto analyst Ali Martinez posted on X that whales accumulated more than 470 million XRP in just five days, worth around $724 million.
He also flagged an inverse head-and-shoulders pattern still forming on the daily chart, arguing a bullish breakout could be getting closer.
What the ETF Flows Show
US spot XRP ETFs added $14.89 million on September 24, marking a third straight day of inflows following $18.04 million on September 23 and $20.02 million on Sept. 22, according to SoSoValue.
That consistent buying lines up with whale accumulation, pointing to demand building from both institutional and large-holder wallets at the same time.
A Risk Worth Watching: The Bitget Hack
BSCN reported Friday that Bitget CEO Gracy Chen confirmed the exchange’s $351 million security incident affected several major networks and tokens:
| Affected Network | Ticker |
| Ethereum | (CRYPTO: ETH) |
| XRP Ledger | (CRYPTO: XRP) |
| Arbitrum | (CRYPTO: ARB) |
| Avalanche | (CRYPTO: AVAX) |
| Optimism | (CRYPTO: OP) |
| BNB Smart Chain | (CRYPTO: BNB) |
| Base | — |
Additional tokens affected include USDT (CRYPTO: USDT) and USDC (CRYPTO: USDC).
Chen said Bitget’s on-chain cold wallets remain secure, and the company has contacted the foundations of every affected chain, with several confirming freezes on suspected hacker addresses.
Bitget’s protection fund reportedly exceeds $464 million in publicly verifiable wallets, and the exchange says its proprietary assets top $1 billion.
Bitget Wallet remains independent and unaffected, though the company hasn’t given a fixed recovery timeline.
XRP Price Prediction: Technical Analysis
XRP breaks above the $1.56 pivot Friday, pushing back toward the recent August high near $1.70.
The move caps a choppy two-day stretch: Wednesday saw a sharp 3.69% pullback off highs near $1.66, Thursday stabilized with a modest bounce holding above EMA support, and today’s rally has now recovered all of that pullback and more.
The trend structure stays firmly bullish. The Supertrend flipped to buy near $1.00 back in August and continues trailing support at $1.28, with price sitting well above every major EMA.
Key levels for XRP:
- $1.70 — August high, next major target
- $1.43 — 20-day EMA, key support below
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