Peter Smith
A whale just moved $60.6 million worth of XRP off Upbit exchange, sparking bullish sentiment. XRP is trading at $3.03, recovering from recent lows.
Someone moved 20 million XRP tokens worth $60,585,668 from South Korea's Upbit exchange to an unknown wallet, according to Whale Alert. When whales pull crypto off exchanges, it usually means they're planning to hold long-term rather than sell.
XRP Price Recovery Continues
XRP is up 0.93% in 24 hours at $3.03. It hit $3.10 earlier today, bouncing back from Sunday's low of $2.72. That's two green days straight, though $3.10 is acting as resistance.
The key question is whether XRP can hold above $3. A break below might test the $2.55-$2.40 support zone, while continued accumulation could trigger a breakout.
Companies Start Adding XRP (Ripple) to Balance Sheets
Real companies are buying XRP now. Hyperscale filed an 8-K saying they'll report crypto holdings monthly, including new XRP positions. Their subsidiary Ault Capital Group plans to buy $10 million in XRP.
Flora Growth Corp's 10-Q filing shows they hold XRP alongside Solana and ETH on their balance sheet, bought specifically to strengthen their finances.
What's Next for XRP Price
The timing looks interesting – whale moves, corporate buying, and price recovery all happening together. XRP needs to break $3.10 resistance convincingly for real momentum. With institutional money flowing in and whales accumulating, XRP might be setting up for its next big move.
Peter Smith
