As per NewsBTC, XRP has been under pressure, nearing its lowest price of the year amid broader crypto market weakness. Despite this, whale activity has increased, with large holders accumulating during a period of weak retail participation. According to a CryptoQuant report, this divergence between whale behavior and market sentiment is historically linked to XRP recoveries. Whale-driven transaction volume has risen as prices fall, suggesting strategic positioning rather than panic selling. The report also notes a shift in the XRP Spot Taker CVD to taker-buy dominance, indicating stronger real-time demand. However, XRP remains below key moving averages, and a breakdown below the $2.00 level could push it toward $1.80–$1.90. Bulls need to reclaim the 50-day moving average to reverse the downtrend.
XRP Whale Activity Rises Amid Yearly Lows, Seen as Potential Rally Signal
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Whale movement in XRP has picked up as the token nears yearly lows. Despite weak retail buying, large holders are accumulating, per CryptoQuant. Network activity shows rising whale-driven volume amid falling prices, pointing to strategic buying. The XRP Spot Taker CVD has turned to taker-buy dominance, signaling stronger demand. XRP remains below key averages, with support near $1.80–$1.90 if $2.00 breaks. Bulls need to reclaim the 50-day MA to reverse the trend.
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