Fun

XRP Whales Are Back – 880 Million Tokens Accumulated This Month

News Feed - 2025-05-11 12:05:45

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


XRP is now trading above the $2.35 mark, gaining momentum as bulls aim to break through critical resistance on the way to a potential all-time high. This move comes as the broader crypto market enters a new bullish phase, with Bitcoin soaring past $100K and Ethereum reclaiming the $2,200 zone in a sharp rally. XRP, long viewed as lagging behind majors, now shows notable relative strength compared to other altcoins. Related Reading Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels 23 hours ago


Analysts are turning their focus to XRP as it attempts to sustain this breakout, with some calling for a rally that could finally close the gap toward previous cycle highs. Supporting the bullish case is new on-chain data from Santiment, revealing that XRP whales have returned aggressively, accumulating over 880 million tokens in the past month alone. This surge in accumulation by large holders suggests growing confidence in XRP’s trajectory and is often a signal that smart money is positioning early ahead of a major move.


If current momentum holds and XRP clears its immediate resistance levels, it could be set for a powerful continuation. All eyes are now on the $2.50–$2.80 range, where market dynamics could accelerate rapidly. XRP Builds Strength As Whales Accumulate And Momentum Rises


XRP is now standing out as one of the most resilient assets in the crypto market, showing notable strength during recent uptrends and consistent support through broader market corrections. Currently trading above the $2.00 level, XRP is positioned at a critical point where bullish and bearish forces are clashing.


The broader market is also heating up, with Bitcoin trading above $100K and Ethereum holding the $2,200 zone after a breakout. XRP’s relative strength, however, is what’s catching the attention of analysts and traders. According to top analyst Ali Martinez, on-chain data reveals that whales have accumulated over 880 million XRP tokens in the past month. This level of accumulation is typically a bullish signal and suggests that large players are positioning themselves ahead of a possible rally. XRP Whales accumulated over 880 million XRP in the past month | Source: Ali Martinez on X


Still, macroeconomic uncertainty lingers in the background. With ongoing trade tensions between the US and China and an increasingly sensitive global financial environment, investor sentiment remains fragile. If Bitcoin holds its ground and altcoin momentum persists, XRP could be one of the top beneficiaries.


As XRP continues to trade near a pivotal range, the coming days will be essential in determining the next phase. A decisive move above $2.35 could open the door to a strong upward expansion, while holding support above $2.00 will be crucial to prevent a retracement. Backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle. Related Reading Ethereum Breaks Key Resistance In One Massive Move – Higher High Confirms Momentum 1 day ago Price Tests Breakout Zone As It Pushes Above Resistance


XRP is showing promising momentum after breaking above the $2.35 level and now trades at $2.36, signaling renewed bullish strength. This move comes as XRP tests the upper range of a consolidation structure that has been forming since late March. The price action is supported by a consistent uptrend of higher lows, which is now pressing against long-standing resistance. The 200-day SMA ($2.10) and EMA ($2.00) both remain below the current price, reinforcing the strength of the ongoing trend. XRP testing supply levels | Source:XRPUSDT chart on TradingView


Volume has increased notably over the past few sessions, a sign that buyers are stepping in with confidence. A decisive daily close above $2.38–$2.40 would confirm a breakout and open the path toward retesting the previous highs around $3.00 and potentially new all-time highs. Conversely, a rejection here could lead to another retest of the ascending trendline around $2.15. Related Reading Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery 2 days ago


The confluence of price structure, moving average support, and whale accumulation adds conviction to the breakout scenario. If current levels hold, XRP could become one of the strongest performers in the market’s next leg higher.


Featured image from Dall-E, chart from TradingView

News Feed

SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
Alex O’Donnell2 hours agoSEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE ArcaThe issuers must still await final regulatory signoff on S-1 filings before listing the funds.1312 Total views1 Tota
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING A new report reveals that more than 300 banks in Germany are now ch
Crypto firms to see more enforcement actions within 2 years — CFTC chair
Turner Wright3 hours agoCrypto firms to see more enforcement actions within 2 years — CFTC chairRostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect i
Bitcoin Price Just Crashed 7% On Trump’s Tariff Shock
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
A ‘simple’ hard fork could subvert a quantum attack on Ethereum: Vitalik Buterin
Tom Mitchelhill6 hours agoA ‘simple’ hard fork could subvert a quantum attack on Ethereum: Vitalik ButerinThe technology required to make Ethereum immune from a quantum attack could be developed starting “tomorrow,
Time is Ticking for GameStop to Figure Out Its Future
| Image: ShutterstockFor all of the amazing businesses that the Internet has launched, it is also put a number of them out of business. We already know that Amazon is mowing its way
Bitwise enters European market with acquisition of ETC Group
Ana Paula Pereira7 hours agoBitwise enters European market with acquisition of ETC GroupThe acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 b
Aethir aims to be the Airbnb for spare GPU — Co-founder
Zoltan Vardai7 hours agoAethir aims to be the Airbnb for spare GPU — Co-founderThe Nvidia-backed firm expects higher GPU utilization to lead to more advanced AI use cases.512 Total views3 Total sharesListen to article
David Attlee10 minutes agoCouncil of Europe adopts DAC8 crypto tax reporting ruleThe eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union63 Total views
Grayscale files for ‘mini’ spot Bitcoin ETF
Zoltan Vardai10 hours agoGrayscale files for ‘mini’ spot Bitcoin ETFThe new Bitcoin trust could offer investors non-taxable exposure to Bitcoin, according to Bloomberg analysts.2274 Total views2 Total sharesListen to
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High On Saturday, May 28, 2022, LUNA classic and UST classic holders received an aird
On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off
Este artículo también está disponible en español. As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana(SOL) have emerged as