XRP whale buys $35M in steady cadence as sentiment stays split

An unidentified entity rapidly accumulated over $35M in XRP across Coinbase (mainly) plus Bitstamp and Kraken while XRP price fell about 17.5% from March highs. The buys occurred on March 26–27 as XRP dropped 3.83% and then 2.6% in consecutive sessions, sliding from $1.60 (Mar 17) to $1.32. According to TraderView2 on X, the buyer executed 156 identical orders of 10,000 XRP each, repeating every 18.5 seconds over roughly 48 minutes. Coinbase spend was about $23.4M, with similar mechanical trade patterns spread to Bitstamp and Kraken. Cumulative Volume Delta (CVD) surged on all three venues—above 15M XRP on Coinbase, ~8.5M on Kraken, and ~8M on Bitstamp—signaling sustained buy-side pressure. Yet XRP price still “did not move,” implying liquidity/maker sell absorption kept supply steady and pinned the chart. The article also notes whale sentiment remains divided: some large holders accumulate at lower prices, while others deposit to exchanges at higher rates, often viewed as sell intent. The regularity of the XRP orders suggests a programmatic or institutional desk rather than discretionary trading. Despite the large XRP buy, technical outlook is described as fragile, with ongoing sell pressure and no confirmed floor. The trade confirms that sizable capital sees value near current levels, but it does not guarantee a near-term reversal.
Neutral
这条消息对交易者更像“验证流入但不立刻改变价格结构”。虽然出现逾3500万美元的XRP机械化买单(CVD在Coinbase/Bitstamp/Kraken同步走高),但价格仍在下跌,说明短期供给吸收能力强:需求被对手盘/做市端吸收,导致“买盘强于成交价格”的表象。 类似情形在市场中常见:当CVD上升但价格不涨,往往对应“吸筹但被对冲/对敲”的阶段,行情需要等待要么卖压减弱、要么流动性结构改变。如果后续继续出现高强度买盘且价格开始抬升,可能由中性转向偏多;反之若CVD回落、而代币继续流入交易所或鲸鱼行为转向“转仓抛压”,短期可能重新偏弱。 因此,当前更适合定位为中性:确认大资金在关注XRP,但短线趋势尚未被确认反转,等待价格与CVD/交易所流动性指标的同向改善,才能提高方向把握。