$XRP analysis : What are whales expecting when they buy $640 million in XRP?
XRP has been facing notable challenges in sustaining its recovery momentum, as prices have repeatedly been rejected at key resistance levels in recent sessions. However, on-chain data suggests that investor behavior—particularly among large holders—is beginning to shift in a more constructive direction.
Specifically, whale wallets holding between 100 million and 1 billion XRP have significantly increased their accumulation. Within just 48 hours, this group added approximately 330 million XRP, equivalent to around $642 million. This move reflects growing confidence that current price levels offer an attractive risk–reward opportunity, especially for institutional investors and long-term holders. Whale accumulation during consolidation phases is often viewed as an early signal of a potential recovery ahead.
In addition, macro indicators are reinforcing the accumulation narrative. XRP’s liveliness index declined over the past week, indicating a slowdown in token circulation across the network. This suggests that long-term holders are reducing distribution and shifting toward holding, which can help stabilize prices.
From a technical perspective, XRP is currently trading around $1.94, just below a downward trendline that has capped price action for more than a month. A breakout and sustained move above $2.02 would strengthen bullish momentum and open the door toward the $2.20 level. Conversely, if selling pressure returns, the $1.85 and $1.79 support zones will be critical in determining XRP’s short-term trend.
