XRP Surges 15% as Data Reveals Growing “Banker Hours” Trading Pattern

XRP jumped more than 16% over 24 hours, trading near $1.19 on Thursday, as new data reveals its onchain trading activity is increasingly clustering during traditional financial market hours. According to ledger data from treasury firm Evernorth, roughly 23% of all XRP transactions now occur during a three-hour window overlapping London afternoon and New York morning trading, up sharply from about 14% a year ago.

Overlap Window Sees Nearly Double Expected Activity

Since that three-hour stretch represents just 12.5% of a full day, this concentration means trading activity during the window now runs at almost twice the rate it would if spread evenly around the clock. This pattern holds consistently across XRP’s order book trading, automated market maker pools, and cross-currency payment routing.

Rally Follows Months of Quiet Whale Accumulation

XRP’s surge comes alongside a broader crypto rally that also pushed bitcoin above $72,000. The move follows a period where large XRP orders were reportedly absorbed without significant price movement, as the token slid from around $2.40 in January into the $1 to $1.20 range, a pattern previously interpreted as accumulation rather than an imminent breakout.