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Virtu Financial Reveals $63M XRP in Holdings
Virtu Financial, a $7 billion Wall Street business, disclosed $63 million in XRP holdings.
The $7 billion Wall Street company Virtu Financial disclosed stakes of $63 million in XRP. On the other hand, whales are selling more than $260 million worth of the coin per day, according to on-chain data.
Virtu Financial Joins XRP Adoption
The company has added XRP to its balance sheet, per a recent SEC filing that prominent XRP supporter Bill Morgan brought to light. As of September 30, 2025, it featured the token alongside Ethereum and Bitcoin.
According to a recent SEC filing, Virtu Financial, Inc. has a sizeable quantity of XRP on its balance sheet in addition to Bitcoin and Ethereum.
Virtu is now one of the few significant Wall Street companies that owns the token directly as a result of the move. The removal of an SEC delay clause from the Canary XRP ETF registration was a similar development. This further demonstrates the growing trust in financial products tied to XRP.
Liquidity is offered by Virtu Financial in currencies, fixed income, stocks, ETFs, and, for the first time, digital assets. The addition of the Ripple-linked token to the company's balance sheet suggests that traditional businesses are becoming more involved with blockchain-based tokens. This comes after the U.S. recently decided to make clear the regulatory status of the cryptocurrency linked to Ripple.
Long-Term XRP Holders See Profits
Glassnode's on-chain data, however, presents a different image of the market. It stated that the price of XRP has dropped 27% since early August, from $3.30 to about $2.40.
The price of XRP has decreased from $3.3 to $2.4 since early August. Meanwhile, long-term investors who had accumulated before November 2024 increased their daily spending by about 580%, from $38 million to $260 million (7D-SMA).
Long-term token holders who acquired tokens prior to November 2024 had a nearly 580% increase in spending activity during the same time frame. Using a seven-day moving average, Glassnode calculates that this activity increased from $38 million to $260 million per day.
According to the data, experienced investors are profiting from the rally from the previous year. The pattern might be a sign that whales who bought XRP during earlier market cycles are redistributing their tokens.
Coinbase Inflows Indicate Pressure to Sell XRP
While whale selling puts short-term pressure on price recovery, institutional buying provides a longer-term guarantee. According to Coinglass data, Coinbase has recorded $23.93 million in net XRP inflows during the past 12 hours.
As traders shift tokens to exchanges, increasing XRP inflows to Coinbase point to growing sell pressure.
The USD-to-XRP conversion rate has recently peaked at this point. But has also been in line with the price of the token increasing. Likewise, Evernorth, which is supported by Ripple, has increased its XRP treasury to $1 billion. These highlight the token's growing institutional participation.