Usman Salis
XRP (Ripple) is catching the eye of big players again. A whale just opened a $1.27 million long position at $2.53, and the timing couldn't be more interesting. With liquidity stacking up near $3.60, it looks like smart money is betting on upward movement in the near term.
Whale Activity Points to Renewed Optimism
The whale behind address 0xcc89…41 made their move early in the session, and according to data shared by STEPH IS CRYPTO, it stood out among a wave of transactions across BTC and ETH markets. While others were closing Bitcoin positions around $111,000, this trader went long on XRP—a clear vote of confidence in the asset's short-term potential.
The trade was executed right around the $2.50–$2.53 range, a support zone where XRP has found footing before. The size and timing suggest this wasn't random—it's strategic positioning ahead of what could be stronger price action.
Chart Analysis: Rising Liquidity Near $3.60
Liquidity is clustering between $3.40 and $3.60, a zone that often acts as a launchpad for sharper moves. The whale's entry near $2.53 hints that they're expecting XRP to push through this resistance once it's tested. XRP has been consolidating after a solid recovery, holding above $2.40. As long as that support holds, the bullish setup stays intact. A drop below $2.45 might trigger a short-term pullback, but whale accumulation still paints a positive picture for the weeks ahead.
Market Context and Sentiment
This move comes at a time when optimism around Ripple's institutional deals and XRP's role in payment networks is heating up. Open interest and leverage across the crypto market are rising too, which suggests professional traders are rotating into high-potential altcoins—and XRP is near the top of that list. As the year wraps up, volatility is expected to pick up with potential regulatory or macroeconomic triggers on the horizon. In this kind of environment, whale entries at current levels could signal where the market's headed next.
Usman Salis
