A whale has just opened a long position of US$ 1.73 million in XRP with 20x leverage, at an entry price of US$ 2.08. Xaif (@Xaif_Crypto), a cryptocurrency commentator who posted the image of the trade, noted that "whales do not chase". He added that "they position themselves first", suggesting that something big is coming for XRP.
Your publication emerged at a time when investors were looking for signs of renewed conviction among the large holders during a period of price volatility. The position held 842.321 XRP with a liquidation price around US$ 0.524. It appeared while XRP continued to be traded near US$ 2 with little momentum.
The scale and timing have shown confidence in a possible shift in market direction. They also suggested that some high-value participants anticipated an increase in volatility after weeks of consolidation.
Context of recent market performance
XRP fluctuated between $2.03 and $2.20 at the beginning of December, maintaining a stable but contained market pattern. Selling pressure continued to limit attempts at upward movement. Despite this barrier, the asset held support for several months just below $2. Analysts consider this level a base that could support any upward attempts if demand improves.
The whale's position reinforces the view that large buyers may be preparing for a trend change. The decision to apply high leverage indicates a strong directional expectation. It also demonstrates an effort to seize the opportunity before the price moves out of the current consolidation range.
Other developments support the growing interest.
Although December saw an increase in activity from large investors, other recent developments likely contributed to this large investor's confidence. Institutional interest in XRP has increased in recent weeks due to the growing list of XRP ETFs available in the market.
These funds offer regulated exposure and have recorded strong trading activity. Inflows have grown and are expected to increase as more products enter the market. The expansion of these products has also reduced the amount of XRP held on exchanges. They sustain a more stable long-term demand profile.
What's next for XRP?
XRP is now approaching a decisive phase. A breakout above the current resistance zones is necessary for any sustained trend reversal. Traders expect an increase in activity as ETF inflows expand and large positions interact with market liquidity. Whale activity will continue to be a focal point as the market assesses whether accumulation continues and whether XRP can gain momentum for its next move.
Remember folks, that nothing said here represents a recommendation to buy, sell, or maintain assets.
Thank you all!
