Usman Salis
The cryptocurrency market is buzzing with activity around XRP (Ripple) as institutional players make their moves. While retail traders debate short-term price action, smart money appears to be positioning for something bigger. With whale wallets adding hundreds of millions of tokens to their holdings, the question isn't whether XRP will move – it's when and how far.
XRP Price Driven by Whale Activity
Big money is betting on XRP right now. Over the past two weeks, whale wallets have scooped up 340 million XRP tokens, bringing their total stash to roughly 7.84 billion XRP. That's serious accumulation happening while the price sits around $2.8.
What makes this interesting is the timing. These large holders are buying even as regular traders seem unsure about XRP's direction. Analyst @ali_charts has been tracking wallets holding between 10 million and 100 million XRP, and they're consistently adding to their positions.
When you see this kind of pattern, it usually means the big players know something the market hasn't figured out yet.
Can XRP (Ripple) Price Break $3 Resistance?
XRP took a shot at $3 recently but couldn't hold it. Since then, we've seen open interest drop from over $3.5 billion, which tells us some leverage got flushed out. But here's the thing – the price didn't crash when all that futures activity cooled off. That suggests real buying demand is supporting these levels.
The key level to watch is $2.8. If buyers can defend this zone, XRP might gear up for another run at $3. Break through there, and we could see targets around $3.20 to $3.40. On the flip side, losing $2.8 support might send XRP down to test the $2.60-$2.70 area before it finds solid ground again.
Outlook: XRP Price Momentum Builds
All the pieces are lining up for something interesting with XRP. Whales are accumulating, spot buying is steady, and the speculative froth is cooling off. That's often the recipe for sustainable moves higher.
Derivatives traders are backing off, but the smart money keeps buying. This kind of setup has historically led to explosive price moves once the market figures out what's happening. If this momentum keeps building, XRP could be setting up for its next major breakout – and the whales might just be the ones to trigger it.
Usman Salis
