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Bitwise buys XRP for third day, signaling strong institutional interest in Ripple token

Market News
29 Sep 2026
Crypto Economy
View Source
Bullish
Bitwise buys XRP for third day, signaling strong institutional interest in Ripple token

Bitwise has purchased XRP for three consecutive days, indicating a consistent institutional buying trend. This steady accumulation highlights growing confidence from institutional investors in Ripple's digital token. The continued buying streak may signal further interest and potential price movement for XRP in the near future.

XRP's market cap stands at Rp1.744,87 trillion with a 24-hour trading volume of Rp82,77 trillion as of Sep 29, 2026, 22:14 WIB on Pluang. The token is currently priced at Rp27.462, showing a 1-day gain of 2.83%, while buy orders dominate at 60% against 40% sell activity. Typical hold time for XRP investors on Pluang is 71 days, indicating a moderate investment horizon amid ongoing institutional interest.

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