Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP Whales Are Waking Up: 4,000,000 Tokens Moved In 72 Hours!

XRP Whales Are Waking Up: 4,000,000 Tokens Moved In 72 Hours!

CointribuneCointribune2025/05/12 09:44
By:Cointribune

In the unpredictable world of cryptos, certain movements reveal a well-established logic. On the XRP network, the spike in activity, with over 4 million transactions in three days, intrigues analysts. It’s neither a speculative surge nor a simple frenzy. Everything points to a methodical accumulation, likely orchestrated by large entities. And when whales move, the market tends to follow. This sudden increase in volume could well signal a strategic shift to watch closely.

XRP Whales Are Waking Up: 4,000,000 Tokens Moved In 72 Hours! image 0 XRP Whales Are Waking Up: 4,000,000 Tokens Moved In 72 Hours! image 1

In Brief

  • Activity on the XRP network has exploded with over 4 million transactions in three days, signaling a large coordinated movement.
  • XRP whales seem to be taking action, suggesting a phase of massive accumulation potentially strategic.
  • Technical indicators confirm a solid bullish trend, supported by a notable increase in trading volumes.
  • The market’s interpretation of these signals could determine whether XRP enters a new rally phase or faces a pullback.

A Rally Fueled by Market Structure

Over the past few days, XRP has made a decisive move by breaking upward through a chart pattern that had been closely watched for months: a descending triangle, a typical compression formation.

XRP surpassed its multi-month descending triangle formation and clearly broke through significant resistance levels at $2.20. Furthermore, the token then reached a local high of $2.47 before undergoing a moderate correction, interpreted as a simple return to the mean after a breakout.

This movement fits within a particularly favorable technical environment, according to the indicators used by analysts. Several signals support the idea that the market is currently backed by genuine demand and not merely a speculative push:

  • Trading volumes have sharply increased , accompanying the breakout from the descending triangle, which strengthened the credibility of the breakout;
  • XRP now trades above its 50, 100, and 200-day moving averages, an alignment analysts call a “sustainable bullish structure”;
  • The RSI (Relative Strength Index) is currently at 59, a level considered high but still below the overbought zone, allowing the movement to continue without immediate technical alert;
  • The next identified target ranges between $2.70 and $3.00, provided the $2.20 support does not break under pressure from potential profit-taking.

Whales Are Moving Silently

However, beyond the charts, the most intriguing signal was detected deep within the network. Between May 8 and 10, over 4 million peer-to-peer transactions were recorded on the XRP Ledger, with a daily peak exceeding 1.3 million.

This increase in transactional volume likely indicates an internal reorganization of the ecosystem or a redistribution by the whales. Massive transfers are not necessarily the result of commercial activity or traditional trading but could correspond to strategic portfolio adjustments by major entities.

Unlike a simple volatility spike caused by small holders, it is the on-chain signals that reveal an unusual intensity of flows between accounts. The XRP network records underlying activity, reflecting a methodical capital movement rather than impulsive frenzy.

This distinction is essential. It suggests that the actors behind these flows have substantial capital but also a strategic reading of the price levels reached by Ripple ’s crypto. There is currently no confirmation of coordinated intent, but the size of the transactions is striking.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!