229M XRP whale transfers test bull flag — $1.30 hold could target $1.81
Large whale movements and on-chain order clustering have put XRP’s next price direction into focus. Between 10–11 February 2026, 229.8 million XRP (~$324M) moved between unknown wallets: 125M XRP (~$177M) on Feb 10 and 104.8M XRP (~$147M) on Feb 11. The Feb 11 sending wallet was among the top 60 XRP holders, suggesting intentional repositioning rather than retail panic. CryptoQuant data showed large buy orders remaining visible and concentrating at lower price levels while average order size stayed high despite a ~50% drawdown from July highs, hinting at accumulation by whales. Technically, XRP produced a bullish MACD crossover on 6 Feb and rallied ~37%, then formed a bull-flag and, on 11 Feb, a bearish MACD cross as price consolidated. Key levels: a confirmed bounce and hold at $1.30–$1.32 would validate the bullish continuation and could lift XRP roughly 37% toward the $1.81 area; failure to hold that zone would invalidate the bull flag and open a potential slide toward $1.10. RSI is in oversold territory and a volume expansion would help confirm buyer conviction. For traders: monitor wallet-to-exchange flows for selling signs, watch $1.30–$1.32 as the decision zone, and use volume and MACD/RSI confirmation before committing to directional trades.
Neutral
The news is market-neutral leaning: on-chain movements and clustered large orders suggest institutional accumulation, which is bullish if confirmed, but technical signals (bearish MACD cross after a bull-flag) and the large transfers create ambiguity. The decisive factor is price action at $1.30–$1.32. If XRP holds and volume increases, the setup supports a bullish continuation toward $1.81 (short- to medium-term upside). If the level fails, the bull-flag is invalidated and the prior rally may be a relief bounce, opening a drop toward $1.10 (bearish short-term risk). Historical parallels: past whale-driven accumulation periods (e.g., large OTC fills or cold-wallet rotations) have preceded both sustained rallies when buying pressure continued and sharp sell-offs when transfers hit exchanges. For traders: treat this as a conditional trade — watch wallet-to-exchange flows, volume expansion, MACD/RSI confirmation, and manage risk with stops below $1.30 and position sizing that accounts for possible volatility. Longer term, continued institutional accumulation would be bullish, but repeated failures to hold key support would undermine momentum and market confidence.