XRP’s Pivotal Moment at $3.10: Whale Accumulation vs. Coinbase Liquidation Fears

Ripple's XRP is facing a critical juncture as mixed signals emerge from its blockchain network. On one hand, whale wallets have aggressively accumulated 280 million XRP tokens over a ten-day period, demonstrating strong long-term confidence in the asset. Conversely, a separate transfer of 16.8 million XRP to Coinbase has sparked concerns about potential liquidation pressure. The cryptocurrency currently teeters above the crucial $3.10 support level following a significant 10.3% daily price drop. Technical indicators, including a bearish MACD crossover, suggest further downside risk. This clash between whale accumulation and exchange inflows creates a tense standoff that could determine XRP's near-term price trajectory, with Coinbase serving as a key battleground for these opposing forces.

XRP Faces Critical Test at $3.10 Amid Whale Activity and Network Decline

Ripple's XRP is at a crossroads as conflicting signals emerge from its blockchain. Whale wallets accumulated 280 million tokens in ten days, signaling long-term confidence, while a separate 16.8 million XRP transfer to Coinbase raised liquidation fears. The cryptocurrency now hovers precariously above $3.10 support after a 10.3% daily drop.

Technical indicators paint a bearish picture. The MACD's recent crossover suggests weakening momentum, with $2.63 looming as the next downside target should $3.10 fail. Market structure reflects indecision—what was once resistance must now become support to prevent further deterioration.

Network activity tells another story. Despite whale accumulation, on-chain metrics show declining usage, creating tension between institutional interest and organic adoption. The coming days will reveal whether this is a healthy consolidation or the prelude to deeper losses.

Ark Invest Rebalances Crypto Portfolio, Divests $12M in Coinbase Shares

Ark Invest, under Cathie Wood's leadership, has sold $12 million worth of Coinbase (COIN) shares as part of a strategic reallocation within its cryptocurrency holdings. The transaction involved 30,501 shares across two Ark funds, reflecting ongoing profit-taking in one of its Core positions.

The firm simultaneously reduced exposure to other digital asset-linked equities, offloading $1.1 million in Robinhood (HOOD) shares and $10 million worth of Block Inc. (XYZ) stock. Notably, Ark also divested approximately $1.1 million of its own Bitcoin ETF (ARKB), signaling a broader portfolio recalibration.

This shift follows Ark's $116 million investment in Bitmine Immersion Technologies, an Ethereum-focused treasury platform backed by Peter Thiel. The moves demonstrate Wood's strategy of rotating capital between established crypto players and emerging opportunities while maintaining sector exposure.

Institutional Bitcoin Holdings Surge to 10% of Total Supply Amid Soaring Demand

Institutional ownership of bitcoin has more than doubled in 18 months, now accounting for over 10% of the cryptocurrency's total supply. Public companies and ETFs collectively hold approximately 2.54 million BTC, valued at $250 billion at current prices.

The daily institutional demand for Bitcoin now exceeds new supply creation by a factor of ten. Charles Edwards of Capriole Investments notes this unprecedented accumulation pattern has historically preceded vertical price movements.

Coinbase remains the primary venue for institutional activity, with exchange data showing strong correlation between platform inflows and subsequent price appreciation. The current buying pressure mirrors patterns seen during previous bull markets.