XRP Whale Activity Signals Potential Market Shift
Recent on-chain data shows a notable increase in XRP whale activity, with large holders accumulating over 300 million XRP. This level of accumulation, the highest since the previous rally, suggests a possible shift in market dynamics. Analysts recommend watching these trends for insights into future price movements.
Historical Link Between Whale Activity and Price Trends
Crypto analyst Jungle Inc (@jungleincxrp) found a consistent pattern between whale flows and XRP price action. The past two months saw significant inflows, indicating renewed institutional interest. Earlier data from August 2024 showed negative net flows around 150 million XRP when prices hovered near $0.50.
Current Market Status and Projections
As of July 2025, XRP trades near $2.91, below its January peak but showing stable support. The current whale accumulation pattern resembles late 2024’s buildup that preceded a price surge.
Key Observations
- Whale purchases exceeded 300 million XRP, matching previous rally levels
- XRP maintains support around $2.91
- Historical patterns show whale activity often precedes major price changes
Expert Perspective
“Whale movements reliably indicate market sentiment,” notes Jungle Inc. “The current XRP accumulation suggests growing confidence among major holders.”