XRP Price Jumps Nearly 20% As Whales Buy Aggressively
XRP has rebounded nearly 20% after a significant sell-off, driven by aggressive accumulation from whale investors who have purchased over 230 million tokens in the last 48 hours. This strategic buying has helped stabilize the price and restore confidence among investors, as evidenced by a surge in new XRP addresses and increased market participation. The overall market sentiment appears to be shifting positively, with XRP trading near key resistance levels.
XRP has staged a sharp rebound after a steep sell-off rattled investor confidence across the market. The token had suffered heavy losses, triggering fear-driven exits among retail holders. However, select investor cohorts viewed the decline as an opportunity. Their strategic accumulation has already begun shifting momentum in XRP’s favor. XRP Holders Exhibit Substantial Support XRP whales have taken an active role in driving the recent recovery. Over the past 48 hours, wallets holding between 100 million and 1 billion XRP accumulated more than 230 million tokens. At current prices, this buying spree exceeds $335 million, signaling strong conviction among large holders. This accumulation coincided with Friday’s rebound, highlighting whales’ influence on price direction. Large-scale buying reduces circulating supply and absorbs sell-side pressure. Such behavior often acts as a catalyst during corrective phases, helping stabilize price and restore confidence when broader sentiment remains fragile. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. XRP Whale Holding. Source: Santiment Network activity also supports the recovery narrative. New XRP address creation surged alongside whale accumulation. Over the same 48-hour period, first-time transacting addresses increased by 51.5%, reaching 5,182. This marks the highest level of new participation in roughly two and a half months. An influx of new investors strengthens rallies by injecting fresh capital rather than recycling existing liquidity. Rising participation suggests growing interest beyond short-term speculation. With new addresses expanding and whale support present, XRP’s recovery attempt gains structural backing at the macro level. XRP New Addresses. Source: Glassnode What Is XRP Price’s Next Target? XRP is trading near $1.46 at the time of writing, hovering just below the $1.47 resistance. The altcoin rebounded 20.5% after a severe downturn that erased 36% ...
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