XRP Rises After Whale Accumulation and Higher Network Activity Suggest Price Reversal
XRP has rebounded following signs of large-scale accumulation by whale wallets and a rise in on-chain network activity. Blockchain analytics indicate several sizable transfers into long-term wallets, and increased transaction volume and active addresses suggest renewed demand. Market analysts note that whale buying often precedes sustained price moves, and recent technical indicators show XRP recovering from a short-term support level. The article highlights key metrics: notable large transfers to custody/holding addresses, upticks in daily transaction counts, and improving on-chain liquidity. While the accumulation and network activity point to potential bullish momentum, analysts caution that broader market conditions, regulatory news and Bitcoin-led trends will influence XRP’s trajectory. Traders are advised to watch whale wallet flows, on-chain transaction volume, and technical resistance levels for signs of confirmation or reversal.
Bullish
The article reports whale accumulation and rising on-chain activity for XRP—signals that historically correlate with upward price moves when sustained. Large transfers into custody or holding addresses reduce circulating supply available to sell, and higher transaction counts and active addresses indicate increasing demand or usage. Combined with a recovery from short-term technical support, these factors point to potential bullish momentum in the short to medium term. However, the impact is conditional: if accumulation is concentrated among few wallets that decide to sell en masse, or if macro factors (Bitcoin decline, negative regulation) intervene, the rally could fail. Similar past events: XRP and other altcoins have rallied after whale accumulation and on-chain volume increases (e.g., periods in 2020–2021), but outcomes depended on broader market cycles. For traders, the news suggests watching whale flow metrics, on-chain volume, and resistance levels for confirmation; use position sizing and stop-losses to manage the risk that the signal proves temporary.