French Finance Insider Buys $48.9M in XRP, Expert Hints at Bullish Move Ahead

A French finance insider has purchased $48 million in XRP in a new move, sparking speculation. An expert noted this as the latest in a string of insider actions signaling a bullish trend.

Strategic XRP Accumulation by Finance Insider

Crypto expert Pumpius disclosed that a close French associate, described as being deeply connected to European finance, made a single purchase of 17.5 million XRP. This is worth nearly $49 million. 

He emphasized that such moves are not impulsive trades but deliberate accumulation strategies by individuals who anticipate major structural changes ahead.

“These aren’t random buys,” Pumpius said. “These are strategic accumulations by people who understand what’s coming.” 

His comments suggest that elite investors view this token as a long-term strategic investment within the evolving global financial system.

The purchase comes as Ali Martinez highlighted a buy signal for XRP on the TD Sequential chart. This tool identifies potential trend reversals. Martinez pointed out that the recent consolidation of the token might now be giving way to an upward trend.

While large-scale acquisitions dominate headlines, Pumpius also stressed the importance of smaller retail investors within its community. He commended people who invest small sums of money, like $100 or $500, as the foundation of price stability in a prior post.

The latest wallet distribution data shows this divide. Just five addresses, each holding over 1 billion tokens, collectively control more than 7.4 billion tokens. Another 22 wallets manage between 500 million and 1 billion tokens. 

SEC ETF Decisions Could Fuel Next XRP Rally

Beyond insider moves, the token’s fundamentals indicate bullish signals. The U.S. SEC would rule on six spot XRP ETF applications in October. Proposals from firms such as Grayscale, 21Shares, Bitwise, Canary Capital, CoinShares, and WisdomTree are all due for decisions within the same week. 

Momentum is also already building in this space. The newly launched REX-Osprey XRP ETF posted $37.7 million in trading volume on its first day. This marked the strongest ETF debut of 2025 so far. Analysts have pointed to this as evidence of high demand for regulated investment products.

At the same time, the token is seeing fresh utility with the launch of mXRP, a liquid staking token developed by Midas and Axelar. In a matter of days, the mXRP vault attracted over $22 million in deposits. This suggests that investors are eager to explore altcoin-related yield opportunities.

Given these events, the French finance insider’s $48.9 million accumulation is the most recent indication that key investors are gearing up for what many predict will be a bullish month for the token.