XRP continues to struggle with downward pressure, as its price faces resistance while skeptical holders add to selling pressure. Despite the bearish sentiment, whales have returned to accumulation, countering declines with large purchases. 

This tug-of-war between cautious long-term holders and confident whales is shaping XRP’s short-term price trajectory.

XRP Investors Move To Accumulate

After nearly three weeks of reduced activity, XRP whales are once again accumulating. Data shows that addresses holding between 100 million and 1 billion XRP have purchased more than 400 million tokens over the past three days. At current prices, this accumulation represents an investment exceeding $1.1 billion.

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Such significant buying reflects strong confidence among whales that XRP may recover in the near term. Their aggressive accumulation signals optimism, suggesting these influential investors believe current levels present an opportunity. 

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At the same time, long-term holders have shown a different stance. The age consumed metric, which tracks the movement of dormant tokens, has spiked sharply. This suggests long-held XRP is being sold into the market. The current surge is the largest in more than two months, indicating notable distribution.

Historically, such spikes have aligned with price corrections, as selling from long-term holders adds downward pressure. With XRP facing this increased activity, the asset remains vulnerable to declines. Unless whale accumulation outweighs long-term selling, the mixed signals may prevent Go to Source to See Full Article
Author: Aaryamann Shrivastava