- Ripple plans to buy back 1 billion XRP.
- Whale wallets reach record highs.
- Market sentiment impacted by recent liquidations.
Ripple Labs announced on October 17, 2025, a plan to buy back 1 billion XRP tokens valued at $2.4 billion, with Ripple’s leadership not publicly commenting on whale accumulation.
This buyback plan impacts XRP’s market price, sparking interest amidst whale activity, while broader cryptocurrency market conditions remain volatile.
Lede
Ripple Labs recently announced a $2.4 billion XRP buyback plan, significantly impacting XRP markets. The company’s initiative is a bold move to reduce the circulating supply by 22% and has caused excitement amongst traders.
Nut Graph
Ripple Labs, led by CEO Brad Garlinghouse, aims to purchase 1 billion XRP tokens to expand its utility, including treasury management solutions. While Ripple acquires GTreasury, traders note the potential impacts on XRP accumulation.
Surge in Whale Wallets
The announcement has led to a surge in whale wallets, reaching an all-time high, indicating a substantial accumulation by large holders. EGRAG Crypto, Technical Analyst, XRP Community, stated, “If XRP ever records a close above $2.55–$2.65 on the 3-day timeframe, it would send a bullish signal. Breaking above the $3.2–$3.4 area would set the stage for a rally toward new highs. The last time XRP saw this level was in early August.” The strategy emphasizes the scarcity effect amidst XRP’s trading near $2.45.
Ripple’s Buyback Strategy
Ripple’s buyback contrasts with typical market actions, such as stablecoin reserve management. This move introduces institutional supply shock dynamics, possibly affecting other cryptocurrencies and overall market sentiment.
New Financial Strategies
The buyback plan could stimulate new financial strategies, providing XRP with a rare supply management precedent in crypto. As whale activity climbs, market watchers focus on how this will influence future price trajectories. Current technicals indicate a bullish breakout pattern.
