Key Takeaways

Whale accumulation and shrinking reserves suggest XRP is preparing for a rebound. Besides, sentiment recovery and falling NVT ratio highlight stronger fundamentals supporting momentum.

Whales have boosted their Ripple [XRP] exposure with a massive 30 million token buy, suggesting renewed interest in the asset’s mid-term potential. 

Such accumulations have historically reflected confidence in price recovery, as these large players often seek favorable entry points before wider rallies. 

Notably, this wave of buying has arrived while price action remains shaky, amplifying its potential impact on upcoming trends. 

Furthermore, it demonstrates that capital inflow into XRP is rising even when retail participation appears less active, underscoring a quiet but important vote of confidence.

Exchange reserves slide as sell pressure weakens

A critical metric supporting whale behavior is the decline in XRP exchange reserves, which fell by 2.91% to around $10.16 billion. 

This drop signals that fewer tokens are available for immediate selling, lowering the likelihood of sharp downside pressure. 

Historically, outflows from exchanges align with accumulation phases, as long-term holders prefer off-exchange storage. 

Moreover, reduced reserves often coincide with supply tightening, creating conditions that support bullish moves. 

Consequently, the combination of whale buying and shrinking reserves builds a case for XRP maintaining stability despite persistent market uncertainty.

Market sentiment rebounds but remains in the red

Sentiment surrounding XRP has experienced a mild recovery, wi

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Author: Evans Boto