XRP Whales Go on 880M Token Buying Spree – Is This the Calm Before the Storm?

After months of radio silence, XRP’s deep-pocketed investors are back in action—snapping up a staggering 880 million tokens in May alone. The move signals renewed confidence (or perhaps just another round of speculative chess) from whales who’ve been waiting on the sidelines.

Why This Feels Like Deja Vu

Patterns repeat: last time whales piled in, XRP saw a 30% pump—followed by the inevitable ’take-profit’ nosedive. This time, accumulation comes as Ripple’s legal saga with the SEC drags on, proving once again that crypto markets thrive on uncertainty like Wall Street thrives on overpriced coffee.

The Bottom Line

Whale movements don’t guarantee rallies, but they do guarantee volatility. Whether this is smart money positioning or just another round of whale games, one thing’s certain: retail traders will be the last to know.

XRP Builds Strength As Whales Accumulate And Momentum Rises

XRP is now standing out as one of the most resilient assets in the crypto market, showing notable strength during recent uptrends and consistent support through broader market corrections. Currently trading above the $2.00 level, XRP is positioned at a critical point where bullish and bearish forces are clashing.

The broader market is also heating up, with Bitcoin trading above $100K and ethereum holding the $2,200 zone after a breakout. XRP’s relative strength, however, is what’s catching the attention of analysts and traders. According to top analyst Ali Martinez, on-chain data reveals that whales have accumulated over 880 million XRP tokens in the past month. This level of accumulation is typically a bullish signal and suggests that large players are positioning themselves ahead of a possible rally.

Still, macroeconomic uncertainty lingers in the background. With ongoing trade tensions between the US and China and an increasingly sensitive global financial environment, investor sentiment remains fragile. If Bitcoin holds its ground and altcoin momentum persists, XRP could be one of the top beneficiaries.

As XRP continues to trade NEAR a pivotal range, the coming days will be essential in determining the next phase. A decisive move above $2.35 could open the door to a strong upward expansion, while holding support above $2.00 will be crucial to prevent a retracement. Backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle.

Price Tests Breakout Zone As It Pushes Above Resistance

XRP is showing promising momentum after breaking above the $2.35 level and now trades at $2.36, signaling renewed bullish strength. This MOVE comes as XRP tests the upper range of a consolidation structure that has been forming since late March. The price action is supported by a consistent uptrend of higher lows, which is now pressing against long-standing resistance. The 200-day SMA ($2.10) and EMA ($2.00) both remain below the current price, reinforcing the strength of the ongoing trend.

Volume has increased notably over the past few sessions, a sign that buyers are stepping in with confidence. A decisive daily close above $2.38–$2.40 WOULD confirm a breakout and open the path toward retesting the previous highs around $3.00 and potentially new all-time highs. Conversely, a rejection here could lead to another retest of the ascending trendline around $2.15.

The confluence of price structure, moving average support, and whale accumulation adds conviction to the breakout scenario. If current levels hold, XRP could become one of the strongest performers in the market’s next leg higher.

Featured image from Dall-E, chart from TradingView