Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To?

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XRP is making headlines this month as whale activitysurges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth of tokens just this April. This sudden shift in whale behavior raises the question of what these big players are really up to.   XRP Whales Offload 370 Million Tokens In April

On April 15, prominent crypto analyst Ali Martínez reportedon X (formerly Twitter) that XRP whales have begun dumpingthe popular cryptocurrency in large volumes. Following a period of substantial token accumulation, these large-scale investors have sold over 370 million XRP since the beginning of April.  Related Reading Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To? 6 hours ago

Notably, this massive whale sell-offamounts to over $700 million, triggering a wave of speculation about the intentions behind this move. More interestingly, the XRP dumps appear to align with recent price fluctuations, as whales tend to heavily influence market dynamics, especially during a downturn. 

The Santiment chart provided by Martinez reveals a clear trend, from April 3 to 14, 2025, that XRP walletsholding between 100 million to 1 billion tokens have drastically reduced their holdings. As this large-scale whale dumping progressed, the XRP price dropped to new lowsaround April 8 and then began a steady climb, reaching $2.1 at the time of writing.  Source: Ali Martinez on X

While the reason behind such large-scale exits is unclear, a few plausible explanations exist. Whales might be capitalizing on earlier price gains to lock in profitswhile the market conditions for XRP remain relatively stable. These investors could also be responding to heightened market volatility, pushing them to shift their holdings into alternative assets to hedge risks and safeguard against losses. 

Another possibility is that these big players are selling tokens between wallets or transferring them to exchanges in anticipation of a significant event — perhaps the final legal decisionbetween Ripple and the United States Securities and Exchange Commission (SEC). In less optimistic scenarios, such coordinated whale activity, which tends to influence prices, may be indicative of market manipulation, often aimed at achieving strategic gains. 

Although it’s uncertain whether the above motives are driving recent whale dumps, one thing is clear: large-scale XRP movements always warrant close attention. With XRP now hovering around $2, the market waits to see just how these sell-offs will influence the future price of the cryptocurrency.  Update On Latest XRP Price Action

According to crypto analyst Andrew Griffiths, the current XRP price analysis indicatesa notably bullish trend. This momentum emerged after the cryptocurrency surpassed two key resistance levelsand established a solid support level, signaling a potential upward movement.  Related Reading XRP Price Reversal Toward $3.5 In The Works With Short And Long-Term Targets Revealed 2 weeks ago

As a result, the analyst predicts that XRP could record a massive gainof over 20% in the coming weeks. With the token currently trading at $2.10, a 20% increase would bring it to approximately $2.589. Based on the upward trajectory within the Ascending Channelseen on the price chart, the analyst predicts that XRP could climb as high as $3.3. XRP trading at $2.09 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com