XRP Whales Buy 72 Million Tokens as Holdings Near 12.18 Billion
XRP Whales Accumulate 72 Million Tokens as XRP Holds Near $1 Support
Large XRP holders have increased their positions by more than 72 million XRP over the past 24 hours, even as the cryptocurrency continues to trade close to the psychologically important $1 level.
The latest XRP whale accumulation has attracted attention because the buying comes while XRP remains under pressure and key technical indicators continue to show relatively weak momentum.
According to crypto analyst Ali Charts, large holders have increased their combined XRP balances toward 12.18 billion XRP. Data from Santiment showed whale holdings rising from approximately 12.08 billion XRP.
At prices close to $1, the latest accumulation represents roughly $72 million worth of XRP.
The move does not necessarily mean that a major XRP rally is imminent. However, the growing whale balance provides an important signal about how large holders are positioning while the market remains near a key support zone.
XRP Whale Accumulation Accelerates Near $1
Whale activity is often closely watched because large holders can have a meaningful influence on cryptocurrency liquidity and market sentiment.
In this case, XRP whales appear to have continued accumulating despite the token's relatively weak price performance.
The increase from approximately 12.08 billion XRP to 12.18 billion XRP represents a substantial addition over a short period.
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| Source: Xpost |
When large holders accumulate during periods of price weakness, investors may interpret the activity as evidence that some whales consider current prices attractive for longer-term positioning.
However, whale accumulation should not automatically be treated as a bullish guarantee.
Large investors can purchase XRP for a variety of reasons, including portfolio rebalancing, long-term investment strategies, liquidity management or expectations of future market developments.
The behavior becomes more significant if accumulation continues while selling pressure declines and XRP begins reclaiming important technical levels.
XRP Exchange Inflows Show Another Important Signal
Another development has added context to the latest XRP whale activity.
Separate on-chain analysis indicates that whale transfers toward cryptocurrency exchanges have declined by approximately 38.9%.
Exchange inflows are closely monitored because tokens transferred to exchanges can potentially become available for selling.
A decline in whale-to-exchange transfers may therefore indicate that large holders are keeping more of their XRP away from trading venues.
That does not prove that whales are unwilling to sell, but it can reduce the amount of immediately available supply on exchanges.
The combination of rising whale balances and lower exchange transfers creates an interesting market setup.
On one side, XRP's price remains close to a major psychological support level. On the other, large holders appear to be increasing their exposure while moving fewer tokens toward exchanges.
If that pattern continues, it could eventually contribute to reduced sell-side pressure.
Still, traders should avoid interpreting on-chain accumulation as a standalone prediction for XRP's next major move.
Why the $1 XRP Price Level Matters
XRP's position around $1 has become one of the most important elements of the current market structure.
A sustained hold above the level could help maintain confidence among buyers, while a decisive break below key technical support could increase the risk of further selling.
The latest daily Bitstamp chart places XRP at approximately $1.003.
That leaves the token almost directly on the $1 psychological level.
The technical picture remains mixed, however, because XRP is trading below its Bollinger middle band.
The middle Bollinger Band currently stands near $1.049, while the lower band is positioned around $0.988.
The upper Bollinger Band is near $1.110.
This creates three important levels for traders to monitor.
A move above $1.049 could provide an early indication that short-term momentum is improving. A stronger breakout toward $1.110 would provide additional confirmation that buyers are gaining control.
On the downside, a sustained move below $0.988 could weaken the current support structure and expose XRP to additional selling pressure.
XRP RSI Shows Weak Momentum
Momentum indicators also suggest that XRP has not yet established a strong bullish trend.
The Relative Strength Index, or RSI, is currently around 35.60, below its moving average near 39.58.
The RSI measures the strength and speed of recent price movements. Readings below 50 generally indicate weaker momentum, while a level below 30 is traditionally considered an oversold condition.
XRP's current reading of 35.60 therefore indicates that momentum remains weak but has not yet reached the conventional oversold zone.
That distinction is important.
An oversold market can sometimes experience a technical rebound as selling pressure becomes exhausted. But because XRP remains above 30, the current RSI reading does not provide a classic oversold signal.
For bulls, a recovery in RSI accompanied by a move back above the Bollinger middle band could strengthen the case for a short-term recovery.
Can XRP Whales Trigger the Next Rally?
The central question for XRP investors is whether the latest whale accumulation can eventually translate into a stronger price move.
The addition of more than 72 million XRP is significant, particularly when combined with the reported decline in whale transfers to exchanges.
However, whale accumulation alone cannot confirm an incoming XRP rally.
Large holders can accumulate while prices continue to fall. Similarly, whales can hold substantial amounts of XRP without immediately creating enough demand to push the market higher.
For a more convincing bullish signal, several factors would need to align.
First, XRP would need to maintain support around the lower Bollinger Band near $0.988.
Second, the price would need to reclaim the $1.049 Bollinger middle band.
A subsequent move toward $1.110 would provide another important confirmation.
At the same time, traders would likely want to see improving momentum, stronger spot demand and continued evidence that large holders are not sending significant amounts of XRP to exchanges.
What XRP Investors Should Watch Next
The next phase of XRP's price action could depend heavily on whether whale accumulation continues.
If large holders continue increasing their balances while exchange transfers remain suppressed, the available supply could gradually tighten.
That could create a more favorable environment if broader cryptocurrency demand also improves.
But the opposite scenario remains possible.
If XRP loses $0.988, technical pressure could intensify regardless of whale accumulation. Large holders may continue buying without immediately preventing a deeper correction.
The $1 level therefore remains an important dividing line between maintaining the current structure and facing renewed downside risk.
XRP Whale Accumulation Offers a Cautious Bullish Signal
The latest on-chain data shows that XRP whales have accumulated more than 72 million tokens in 24 hours, pushing combined holdings toward 12.18 billion XRP from approximately 12.08 billion XRP.
At prices near $1, that represents around $72 million in XRP accumulation.
At the same time, whale transfers toward exchanges have reportedly declined by approximately 38.9%, potentially reducing immediate sell-side supply.
Yet XRP's technical structure remains fragile.
The cryptocurrency is trading near $1.003, below the $1.049 Bollinger middle band and close to the $0.988 lower band. Its RSI of 35.60 also points to weak momentum, although it remains above the traditional oversold threshold of 30.
For now, whale accumulation is an encouraging signal for XRP bulls, but it is not enough to confirm a new rally.
The next major test will be whether XRP can defend $0.988, reclaim $1.049, and eventually challenge $1.110. Until those levels are recovered, the latest whale buying should be viewed as a sign of growing large-holder interest rather than definitive proof of a bullish reversal.
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Crypto Market Analyst & Onchain Storyteller
Barland Vex is a veteran crypto writer who treats the chaos of digital markets as his playground. With a sharp instinct for reading Bitcoin's movements, DeFi waves, and the narratives that move millions of dollars in a matter of hours, Vex delivers analysis that's always one step ahead of the market itself.