Whales Make Their Move: $72M XRP Buys as $BTC and $ETH Get Squeezed 🐋

XRP whales accumulated nearly $72M in XRP tokens over the past few days, taking a position opposite to large holders reducing their exposure to $BTC and $ETH. Bitcoin whales sold more than 34,000 BTC, worth approximately $2.6 billion, as $BTC fell from $79,000 to below $73,000 over the past week.

Ali Martinez said, “Bitcoin whales are selling into the downturn.” A chart posted by Ali Charts on November 10, 2026, showed whale-held Bitcoin supply declining from 5.28 million BTC to 5.24 million BTC during the period.

Ethereum whales also distributed holdings, although at a slower pace. The largest wallets sold about 17,800 ETH, worth roughly $40 million, over the past week, while whale-held supply slipped from approximately 25.8 mil ETH to 25.7 mil ETH.

The divergence placed XRP accumulation in contrast with the heavy distribution seen across Bitcoin and Ethereum. Bitcoin whales have reduced their total holdings by more than 34,000 BTC in the last week, while the largest Ethereum wallets have dumped about 17,800 ETH over the same period.