Virtu Financial Boosts XRP Holdings to $65 Million Amid $250 Million Daily Whale Sell-Off

Virtu Financial, a prominent entity within the Wall Street financial ecosystem valued at approximately $6.9 billion, has disclosed noteworthy holdings of $62 million in XRP. This revelation comes amidst significant whale sell-offs, wherein large-scale investors are reportedly offloading over $259 million worth of the digital token on a daily basis, indicating dynamic movement within the digital asset markets.

### Virtu Financial’s Strategic Embrace of XRP

In a significant strategic maneuver, Virtu Financial has added XRP to its asset portfolio, as revealed by the latest SEC filings. Highlighted by Bill Morgan, a noted advocate for XRP, this incorporation aligns Virtu with the growing trend among Wall Street’s major financial players who are diversifying their assets to include digital currencies. As of September 30, 2025, the firm’s balance sheet prominently lists XRP alongside heavyweight cryptocurrencies like Bitcoin and Ethereum. Such developments suggest an elevating confidence among institutions regarding XRP and related financial products, building upon initiatives like the Canary XRP ETF, which previously removed an SEC delay clause.

Virtu Financial’s core operations span providing liquidity across various asset classes including equities, ETFs, fixed income, and currencies. The company’s foray into digital assets marks a pivotal extension of its business framework and underscores the increasing inclination among traditional financial institutions to integrate blockchain-based tokens. This diversification appears in tandem with recent regulatory clarifications by the U.S. government concerning the Ripple-associated token, which have further bolstered confidence in its potential as an investment vehicle.

### Market Volatility and Long-Term Holder Strategies

Despite institutional interest, data from Glassnode presents a more volatile picture of the XRP market dynamics. Since early August, XRP’s price has experienced a downward trajectory, dropping from $3.20 to approximately $2.42, translating to a 26% decrease. In response to market movements, long-term investors, who had earlier amassed XRP prior to November 2024, have notably increased their activity by around 580%. This heightened activity now accounts for about $259 million daily, as evaluated on a seven-day moving average basis.

This phenomenon indicates a phase where seasoned investors capitalize on previous market rallies by offloading tokens, contributing to the existing sell pressure. The sell-offs suggest a tactical redistribution of XRP, particularly by whales who have traditionally played a strategic role in market cycles through substantial holdings.

### Sell Pressure Indicators and Institutional Trends

The evolving landscape of XRP transactions on major exchanges further illustrates fluctuating market sentiments. Data from Coinglass indicates that Coinbase, within a recent 12-hour window, experienced net XRP inflows amounting to $23.5 million. Such figures highlight a significant upswing in XRP conversions, which are occurring concurrently with slight upticks in the token’s market price, pointing to robust trading activities.

Moreover, institutional engagements manifest through entities such as Evernorth, which recently expanded its XRP treasury to a staggering $1 billion, ahead of its potential listing on NASDAQ. These developments reflect the broader trend of growing institutional involvement in XRP, which is becoming increasingly central to sophisticated investment strategies.

At present, XRP maintains a trading position at $2.50, marking a 3.1% rise over the past 24 hours and sustaining a notable 21% increase year-to-date. This performance metric indicates resilience amidst market adaptations and underscores the speculative yet optimistic outlook among XRP investors.

Such dynamic activities in the XRP market embody a broader narrative of balancing cautious optimism with strategic foresight, as institutional and private investors navigate the ever-evolving waters of digital currencies. As foundational structures solidify and regulatory climates adapt, XRP’s role within the larger financial ecosystem continues to evolve, paving pathways to potentially transformative outcomes.