⬤ A major trader entered a $1.01M long position on XRP at $2.0611, captured at 08:13 on whale-tracking dashboards. The move stands out—it's one of the biggest single-direction bets logged during the session, hitting right above the $2 psychological level when smart money was actively repositioning.
⬤ The monitoring panel showed simultaneous action across BTC, ETH, and ZEC, with positions ranging from $1.5M to over $10M going both long and short. But this XRP entry is different—it's a clean "Open Long," meaning fresh capital coming in, not an exit or hedge. While Bitcoin whales were flipping between directions, this player made a concentrated bet on XRP at current prices, showing real conviction.
⬤ Timing matters here. The $2.0611 entry came during heightened volatility, and whale activity at this scale typically shifts liquidity fast. We're seeing multi-million-dollar orders firing across the board, which means big players are adjusting exposure—and XRP just got a serious vote of confidence from someone moving serious size.
⬤ Why this matters: whale trades like this don't just signal sentiment—they create it. When $1M+ positions open at key levels, retail and mid-size traders take notice. It's a marker that large capital sees opportunity here, and in volatile conditions, that kind of positioning can influence short-term price action and momentum across the asset.
Eseandre Mordi
Eseandre Mordi