XRP Whale Wallets Hit 7-Year High as Breakout Levels Near
XRP whale wallets have reached a 7-year high, reinforcing a bullish setup for a potential long-awaited XRP all-time high. Santiment Intelligence data shows wallets holding at least 10 million XRP increased exposure, controlling about 45.83B XRP tokens (around $68.5B), which is roughly 68.5% of the supply—the highest large-holder concentration in years.
Technically, analysts say XRP is attempting a breakout from a long resistance trendline after range compression. MikybullCrypto highlights tightening volatility as a precursor to a larger move. Traders are watching key levels: $1.50 was repeatedly rejected earlier, while Ali Charts flags $1.49 as the key trigger—reclaim and hold may open a path toward the $1.80 area. Failure to defend could keep XRP range-bound or drag it toward lower supports.
At press time, XRP trades near $1.365 (+0.24% over 24h). Overall, the combination of XRP whale accumulation and improving structure supports a constructive medium-term bias, but confirmation above resistance remains the main risk for bulls.
Bullish
This is bullish for XRP because both articles point to the same catalyst: XRP whale wallets are accumulating at unusually high levels (7-year high / highest large-holder concentration in years). That kind of sustained accumulation often reduces sell pressure and supports stronger follow-through if price breaks key resistance.
In the short term, traders should expect volatility around the $1.49–$1.50 supply/trigger zone. A clean reclaim and hold can force late shorts out and attract momentum buyers, potentially extending upside toward the $1.80 area (and possibly higher if the broader trend resolves). The main bearish risk is failure to confirm the breakout, which could trap price in a range or pull it back toward lower supports.
In the long run, if whale-led accumulation persists and the technical structure continues to improve, it increases the probability of a sustained trend move rather than a quick spike-and-revert.