In the latest development concerning the cryptocurrency market, XRP whales have been making headlines by scooping up large quantities of digital assets amidst a substantial withdrawal of Dogecoin (DOGE) from Robinhood.
In the latest development concerning the cryptocurrency market, XRP whales have been making headlines by scooping up large quantities of digital assets amidst a substantial withdrawal of Dogecoin (DOGE) from Robinhood. This activity has sparked speculation among industry watchers that crypto whales are capitalizing on market dips, possibly hinting at more strategic accumulation plays.
According to on-chain analytics, over 400 million DOGE tokens—worth approximately $60 million—were removed from Robinhood in under a minute. Such a fast and sizable exodus caught the attention of analysts, suggesting that major investors are repositioning their portfolios in response to regulatory pressure and shifting market sentiment.
Robinhood, the popular stock and crypto trading platform, recently announced the delisting of several popular cryptocurrencies, including DOGE. This move follows the company’s overhaul of its crypto offerings in light of ongoing scrutiny from the U.S. Securities and Exchange Commission (SEC). As a result, traders are migrating their assets to private wallets or alternative exchanges offering broader asset flexibility and security.
Although the central focus of the transfer was Dogecoin, a pattern is emerging that places XRP in the spotlight. As DOGE is being pulled from public platforms, XRP appears to be gaining favor. Blockchain data reveals large XRP inflows to whale addresses, typically associated with institutional investors or affluent market participants. These inflows suggest growing confidence in Ripple’s token amidst wider market uncertainty.
Experts believe that this activity aligns with a broader market trend—moving away from meme coins and into tokens with perceived long-term value. XRP, considering its core use case in facilitating cross-border payments, fits that profile. The resolution of Ripple’s ongoing legal battle with the SEC has also added to investor optimism, positioning XRP as a contender in the next bullish phase.
It’s also worth noting that Ripple’s expansion into Asia and the Middle East—regions more open to blockchain innovation—has fortified its global influence. Leading industry figures have pointed to XRP and RippleNet as foundational elements of modern financial infrastructure, driving real-world utility and, by extension, investor confidence.
Several whale wallets tracked by platforms such as Whale Alert have executed multi-million-dollar XRP transactions in recent days. One particular transaction moved over 150 million XRP from a centralized exchange to an unknown wallet, fueling speculation that strong hands are preparing for future rallies.
The timing of these XRP acquisitions is no coincidence. The crypto market remains in flux, with altcoins experiencing high levels of volatility. Large holders often strike during periods of lower prices to consolidate their positions. XRP’s history of sudden upward movements makes it especially attractive during such times.
In contrast, Dogecoin continues to face challenges related to perception and utility. While DOGE benefits from a popular community and occasional endorsements, it lacks the institutional appeal that Ripple’s network offers. As crypto matures, investors seem more willing to back projects rooted in utility rather than novelty.
Despite the rise in XRP accumulation, analysts urge caution. While the signs are promising, the market remains highly susceptible to regulatory action and macroeconomic trends. That said, for those willing to weather short-term volatility, XRP continues to present a compelling case for long-term value accrual.
To track the movement of high-volume crypto transactions, platforms like Whale Alert and Blockchain.com Explorer have become indispensable. Both tools helped surface the Dogecoin withdrawal from Robinhood and ongoing heavy XRP movements that suggest a changing tide in crypto investor behavior.
Related: XRP Price: $12M Max Pain for Bears
In conclusion, the ongoing massive crypto asset transfers—particularly the immense DOGE exit from Robinhood—are highlighting an evolving narrative in the market. As meme coin sentiment cools, XRP is increasingly viewed as a smarter investment play, with whales seemingly leading the charge.
Quick Summary
In the latest development concerning the cryptocurrency market, XRP whales have been making headlines by scooping up large quantities of digital assets amidst a substantial withdrawal of Dogecoin (DOGE) from Robinhood. This activity has sparked speculation among industry watchers that crypto whales are capitalizing on market dips, possibly hinting at more strategic accumulation plays.
Source
Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.
Author
Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.
Editorial Note
Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

