XRP Whales Sell $260M Daily: Virtu’s $63M Bet on Crypto’s Future

by

Virtu Financial, that paragon of Wall Street’s greed, now hoards $63M in XRP like a dragon with a crypto obsession, while whales dump $260M daily-because nothing says “confidence” like a 27% price drop 🦄.

 

Virtu Financial, that $7 billion titan of Wall Street, has confessed to hoarding $63 million worth of XRP, according to an SEC filing so dramatic it could be a Nabokov novel. Meanwhile, long-term holders, those sly foxes, have been offloading XRP like it’s a cursed artifact, with daily sales spiking to $260 million. A tale of two markets: one dancing with digital assets, the other fleeing like a terrified squirrel 🐿️.

The contrast between institutional interest and whale exodus is as baffling as a crossword puzzle written in hieroglyphs. One side buys, the other sells-both convinced they’re the hero of this story.

Virtu Financial Adds XRP to Its Balance Sheet: A Digital Asset’s Cinderella Story

According to an SEC filing dated September 30, 2025, Virtu Financial now boasts XRP alongside Bitcoin and Ethereum, like a connoisseur sampling the finest wines of the blockchain world. This makes them one of the rarefied few U.S. institutions to dabble in XRP, a move as audacious as a penguin wearing a top hat.

Bill Morgan, that XRP zealot, took to social media to declare this filing a “revolution.” He claimed it signals a trend where traditional firms finally embrace digital assets-though one wonders if they’re merely playing dress-up in a crypto costume party 🎭.

A new filing with the SEC yesterday shows that the company, Virtu Financial, Inc in addition to Bitcoin and Ethereum holds a substantial amount of XRP on its balance sheet.

Because always does it when I do these posts I checked up on the company. Seems to be…

– bill morgan (@Belisarius2020)

Virtu Financial, with its sprawling empire across equities and currencies, now dabbles in the digital realm. A bold move, akin to a seasoned chef trying to cook with a spoon-either they’re a genius or a fool, but the world will judge.

Long-Term XRP Holders Increase Sell-Offs: A Tragic Exit

While Virtu Financial’s XRP acquisition is a tale of institutional ambition, on-chain data reveals a darker story. Since early August 2025, long-term holders have increased their daily sales from $38 million to a staggering $260 million. A veritable exodus, as if the market itself is whispering, “I’m out, baby!”

Since early August, XRP price has dropped from $3.3 to $2.4 (-27% ).At the same time, long-term holders who accumulated before Nov 2024 ramped up their spending by ~580%, from $38M/day to $260M/day (7D-SMA)

A clear sign of seasoned traders exiting and adding pressure to…

– glassnode (@glassnode)

This selling spree coincides with a 27% price plunge, a reminder that even the most seasoned investors can’t escape the whims of the market. It’s the digital equivalent of a stock market crash, but with more emojis and fewer coffee cups ☕.

Glassnode’s seven-day moving average paints a grim picture: sustained selling over weeks, a slow-motion train wreck that leaves everyone wondering, “Why did we trust this?”

Exchange Inflows Point to Short-Term Pressure: A Dance of Chaos

Coinbase, that beacon of crypto hope, has seen $23.93 million in XRP inflows within 12 hours. A sign that more XRP is flooding exchanges, where the real drama unfolds-like a soap opera with more volatility than a toddler’s tantrum 🎭.

The surge in USD-to-XRP conversions on Coinbase hints at active trading, as investors scramble to adapt to the market’s capricious nature. Even as XRP rose 3.17% to $2.51, the underlying tension remains: will this be a rebound or a false dawn?

Meanwhile, Ripple-backed Evernorth has boosted its XRP holdings to $1 billion, a move that’s as mysterious as a riddle wrapped in an enigma. It’s a stark contrast to the long-term holders’ exits, a clash of titans in the crypto arena ⚔️.

Read More

2025-11-01 11:44