XRP whales have defied September's typical bearish trend by accumulating nearly $1 billion in tokens. On-chain data from Santiment shows that wallets holding between 10 million and 100 million XRP have added 340 million tokens, valued at approximately $962 million, over the past two weeks. This accumulation follows $268 million in exchange outflows and heightened institutional interest. Significant investments from Japanese gaming firm Gumi and Hyperscale Data highlight the growing institutional demand for XRP. Additionally, CME Group reported that XRP futures trading volume has surpassed $1 billion, further indicating strong market interest. Despite these developments, XRP is currently trading around $2.80, testing critical support levels amid the historically bearish September trend.