Crypto Whales Gobble Up 880 Million XRP in 30 Days—Is a Price Surge Coming?
XRP’s big players just made their move—and it’s a whopper. On-chain data reveals whales snatched 880 million tokens in May alone, worth roughly $440 million at current prices. Are they betting on Ripple’s legal wins or just playing the usual pump-and-dump game?
Meanwhile, retail traders scramble to decode the accumulation pattern. Spoiler: The ’smart money’ already front-ran you—as usual.
XRP holds above $2 with confidence
XRP recovered and held above $2, but has so far failed to rally to a new peak. The token benefits from expectations of renewed altcoin strength, but still reflects the skepticism of traders.
XRP activity remains relatively low, with open interest at just $1.5B, due to an overall lack of direction and long-term sideways trading. For now, traders remain cautious, accumulating their long positions at the $2 support level.
Despite this, both crowd sentiment and smart money are bullish on XRP, due to its prominence as a widely traded altcoin.
$XRP Sentiment
CROWD = Bullish 🟩
MP = Bullish 🟩
Check out sentiment and other crypto stats at https://t.co/HQDyBNuzek pic.twitter.com/eqF8Z7UIbI
— Market Prophit (@MarketProphit) May 8, 2025
XRP Leveraged positions go long at the $2 range, with 70% of open interest held as long positions.
While holding a stable downside, XRP predictions still await a new all-time high if the 2025 bull market resumes. Interest in XRP grew as Ripple is still making aggressive attempts to acquire stablecoin issuer Circle.
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