Image default
FeaturedRipple XRP

XRP whales buy 2.2 billion after price crash to fifteen-month lows

Following the recent market crash, XRP whale accumulation has reached record figures, according to data provided by industry analysts this Monday. The asset, which hit levels not seen in over a year, experienced massive buying pressure from large wallets attempting to stabilize the token’s critical support through strategic acquisitions worth billions of dollars.

Various technical reports, based on figures shared by Aaryamann Shrivastava, reveal that institutional investors recently acquired more than 1.6 billion tokens. This XRP whale accumulation, valued at approximately 2.24 billion dollars, occurs precisely when retail fear peaked, seeking to absorb the circulating supply during high volatility moments to strengthen the ecosystem’s liquidity.

Large holders’ strategy in the face of the market crash

Despite the aggressive institutional capital entry, liveliness indicators show that long-term investors are distributing their assets. This divergence suggests that, while XRP whale accumulation is occurring, older holders prefer to liquidate positions amid uncertainty, which could limit the immediate recovery potential for the asset if retail selling pressure continues to gain ground.

On the other hand, the derivatives market reflects a predominantly bearish sentiment, with short liquidations far exceeding currently open long positions. This disparity in trading bets proves that many participants expect further pullbacks, maintaining XRP whale accumulation as the only solid defensive wall against potential additional mass sales that could destabilize the current technical price structure.

Likewise, volatility has created a scenario where risk exposure has skyrocketed, affecting general confidence in the criptocurrency after the crash. Although the interest of large wallets is evident, the increase in the Liveliness indicator confirms that old tokens are returning to active circulation, a phenomenon that historically precedes periods of prolonged consolidation or deeper corrections.

Will large investors manage to reverse the negative market trend?

Regarding technical levels, the price remains struggling to defend the vital support located above the 1.42 dollar mark. However, if the market fails to capitalize on XRP whale accumulation, there is a latent risk of revisiting the 1.11 dollar zone, where buyers would need to defend the position aggressively to avoid a collapse toward the one-dollar psychological level.

However, an optimistic scenario suggests that, if selling pressure diminishes, the asset could seek the 1.91 dollar resistance again. For this move to be sustainable, it is imperative that XRP whale accumulation continues to grow, allowing confidence to return to investors who are cautious today in the face of the extreme fluctuations that have characterized recent trading sessions.

On the other hand, breaking the 2.00 dollar barrier would invalidate the current bearish thesis, projecting a new growth cycle for asset holders. Nevertheless, this rally depends on XRP whale accumulation managing to offset the capitulation of old investors, who seem to prioritize profit-taking or loss reduction rather than betting on a vertical rise in the short term.

Furthermore, liquidation data suggests that a sudden upward move could trigger a short squeeze, driving the price at an accelerated pace. Thus, XRP whale accumulation acts as a potential catalyst to reverse the negative sentiment prevailing in derivatives, provided that the buying volume manages to overcome the sell walls established by bearish traders.

In this way, the immediate future will depend on the ability of large holders to sustain the price above the previously mentioned technical supports. While market indicators continue to show mixed signals, XRP whale accumulation will represent the determining factor in defining whether the token starts a solid rally toward previous local highs or if, conversely, it will visit its annual lows again.

Related posts

HBAR falls 3% as $0.24 support defines short‑term risk

Sophie Bennett

Bitcoin holds at $113k as liquidity dwindles ahead of the Fed meeting

Emily Carter

Jefferies: Chainlink will guide traditional banks toward blockchains with oracles, interoperability and modular execution layers

Nathan Blake

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please enter CoinGecko Free Api Key to get this plugin works.