$XRP
Whale Dominance Rises: 350M XRP Moves Hands in Deepening Slump
XRP continues to struggle under a steady market downtrend, with weak sentiment limiting any recovery attempts. Even so, whale-level support remains active—though some cohorts are reducing exposure.
Whale Redistribution
Addresses holding 1M–10M XRP sold over 330M XRP in the past four days, signaling caution from mid-sized whales. However, this supply didn’t flow to exchanges or retail wallets. Instead, larger holders with 10M–100M XRP absorbed it, increasing their balances by 350M XRP (worth ~$729M). This suggests stronger conviction from big investors despite market pressure.
Network Activity Weakens
XRP’s ecosystem shows declining engagement. Active addresses have dropped to a three-month low of 37,088, indicating reduced participation and weaker liquidity—making it harder for XRP to break out even with whale accumulation.
Price Outlook
XRP trades near $2.08, stuck in a tight $2.20–$2.02 range for weeks. Until sentiment shifts, consolidation is likely.
• A break above $2.20 could open a move toward $2.36.
• Losing $2.02 risks a drop below $2.00 and deeper downside.
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