XRP whale transactions plunge 57% in 9 days as liquidity tightens
XRP whale transactions dropped 57% in just nine days, according to analyst Ali Martinez. The number of $1 million+ transfers fell from 157 to 67, suggesting waning interest and tighter liquidity from large investors.
Price weakness matched the flow decline. XRP slid from $1.54 on May 14 to around $1.35, with five straight days of losses (May 15–19), totaling roughly -8%.
Despite the pullback by whales, mid-sized holders began accumulating at lower prices. Wallets holding 1M–10M XRP increased their combined balance from 3.72B to 3.79B XRP. Addresses with 100K–1M XRP added about 20M XRP. Martinez noted this buying has not yet changed the broader price trend; a stronger move may require whale activity to return.
Technically, Martinez highlighted resistance at $1.50 and support at $1.29. Holding above $1.50 could open the door to a move toward $1.80. A breakdown below current levels may lead XRP to retest $1.00.
Keywords: XRP, whale activity, liquidity, consolidation, support/resistance. (Not investment advice.)
Neutral
The data points to consolidation rather than an immediate directional breakout. The sharp 57% fall in XRP $1M+ whale transactions suggests large-investor liquidity has tightened, which often caps upside momentum in the short term. However, mid-sized wallets (1M–10M XRP and 100K–1M XRP) are accumulating, which can reduce sell pressure and support dips—so the immediate impact is not purely bearish.
Technically, XRP is trading near $1.35 with clear levels at $1.50 (resistance) and $1.29 (support). That structure typically leads traders to range-trade until either whales re-accelerate or price breaks a major boundary. Similar past patterns—reduced whale transfers paired with calmer volatility and accumulation by smaller cohorts—often produce sideways consolidation first, followed by a move when liquidity conditions change.
Short-term: likely range-bound behavior between ~$1.29 and $1.50, with caution if whale activity continues falling. Long-term: if whale activity returns and the support zone holds, XRP could resume a trend; if not, repeated failures above resistance may prolong the bearish-to-neutral grind.