- Whales quietly accumulate 30 million XRP, hinting at major movement.
- Key resistance levels could trigger XRP’s next bullish breakout soon.
- Growing whale activity signals rising confidence despite market uncertainty.
The XRP market is buzzing after a sudden and massive accumulation by large investors stirred expectations of a major move ahead. According to Ali Martinez, wallets holding between 100,000 and 10,000,000 XRP scooped up 30 million tokens in just 24 hours, sparking curiosity about what could be developing behind the scenes.
This wave of accumulation arrives as XRP shows early signs of stability following a choppy trading period. Such actions have historically preceded key turning points for the token, and this one is drawing similar attention.
Also Read: Egrag Crypto: No Confirmed Bearish Signal on the XRP Chart
Market Behavior Suggests Strategic Confidence
Whale data shows a consistent increase in large holdings each time XRP experiences a brief pullback. This indicates calculated accumulation at discounted levels rather than short-term speculation. Each period of buying has corresponded with short bursts of stability, hinting that whales are deliberately supporting the price at critical levels.
Moreover, the link between renewed accumulation and gradual price recovery highlights rising optimism among seasoned investors.
Key Levels to Watch in the Current XRP Setup
Crypto analyst EGRAG CRYPTO has identified $2.31 as immediate support, crucial for maintaining XRP’s bullish structure. Meanwhile, the $2.47–$2.55 range acts as strong resistance, with a confirmed close above it likely pushing XRP toward $2.65, a major breakout target.
If these conditions align with sustained whale accumulation, the market could be setting the stage for a larger move. For now, XRP’s quiet buildup has left investors wondering whether the recent 30,000,000 XRP scoop is the first sign that something huge is about to unfold.
Also Read: Ripple Sits on Federal Reserve’s Faster Payment Task Force as XRP ETF Decision Looms
