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TimesTabloid 2025-03-09 08:01:32

XRP Whale Activity Consistently Rising. Here’s the Impact On Price

Whale activity on the XRP network rose significantly over the past three weeks. Crypto analyst Ali Martinez (@ali_charts) recently highlighted this trend, emphasizing the increasing number of whale transactions exceeding $1 million. The chart Martinez shared reflects this growing interest, with spikes in whale activity corresponding to XRP’s price fluctuations. Whale activity on the $XRP network has been consistently rising over the past three weeks! pic.twitter.com/Nwljn77hhB — Ali (@ali_charts) March 7, 2025 Recent data further supports this observation. Over $5.37 billion worth of XRP was transacted in just 24 hours, a development that drew attention across the market. These transactions indicate a heightened level of interest among institutional investors and high-net-worth individuals. Whales React to XRP Market Movements Despite increased whale transactions, XRP’s price has shown volatility. As seen in Martinez’s post, there have been sharp fluctuations, with whale activity surging at key moments. The most notable surge came following Donald Trump’s announcement of the U.S. strategic crypto reserve. The asset saw a sharp increase in price and whale activity, before a swift downturn less than 24 hours after. This activity suggests massive whales took profits during the rapid increase. This may have contributed to the digital asset’s decline. However, some market experts believe the asset’s price was pushed down because of Bitcoin’s underperformance and manipulation by crypto exchanges. Implications for XRP’s Future Price Action Although it has dipped slightly, the trend of whales moving large amounts of XRP has been consistent. A few days ago, a report highlighted over 1 billion XRP transferred in a single day , further backing the ongoing activity among major holders. Whale movements are often considered an indicator of potential price shifts. Large holders accumulating XRP could signal a bullish trend, while distributions might suggest an impending correction. Martinez’s data does not confirm a clear direction but suggests that significant players in the market are making strategic moves. The surge in whale transactions on the XRP network underscores the growing interest among major investors, and the activity raises speculation about whether the whales can see a big price rally forming. XRP is trading at $2.33 after a drop of over 5% from yesterday. Although the market has not fully recovered, the sustained movement of large amounts of XRP suggests that significant market players are positioning themselves for something big. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post XRP Whale Activity Consistently Rising. Here’s the Impact On Price appeared first on Times Tabloid .

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