Whales Continue to Dominate XRP Trading as Buying Activity Rises
Market analysis shows large holders (whales) remain the primary drivers of XRP trading despite recent price weakness. Crypto analyst Xaif Crypto and CryptoQuant data indicate whales account for the bulk of spot average order size on the XRP Ledger; their accumulation has intensified as XRP fell toward yearly lows. Spot Taker CVD has shifted to a taker-buy dominant trend, signaling aggressive buying outweighs selling. XRP has declined below $2, trading around $1.82 at the time of reporting, down ~6% in 24 hours and ~9% over the week, with year-to-date losses near 22%. Daily trading volume jumped over 97%, suggesting renewed interest largely led by whales. Analysts note whale accumulation can stabilize liquidity during sell-offs and may presage positioning ahead of a recovery, though retail participation remains cautious while price faces resistance levels.
Bullish
The news points to concentrated whale accumulation and a taker-buy dominant shift in Spot Taker CVD while prices are depressed. Historically, increased buying by large holders during bottoms can signal accumulation ahead of recoveries and often precedes price stabilization or rebounds once selling pressure subsides. The near-100% surge in daily volume combined with whale dominance suggests strong demand is absorbing supply, reducing the likelihood of rapid downside collapses in the short term — a constructive setup for bullish mean-reversion trades. However, risks remain: XRP is below key resistance levels, retail participation is muted, and macro or regulatory shocks could negate the effect. Short-term impact: likely increased price support and reduced volatility extremes, favoring buy-the-dip and accumulation strategies by informed traders. Long-term impact: if whales continue accumulating and broader market conditions improve, this could underpin a sustained recovery; if accumulation stalls or whales distribute into rallies, momentum could fade. Traders should watch on-chain whale flows, Spot Taker CVD, volume trends, and resistance zones for confirmation.