Whales Accumulate 30 Million XRP in 24 Hours — What That Could Mean for Price Action

Large holders pile up XRP during a pullback
Whale addresses that hold between 1 million and 10 million XRP increased their combined holdings from 6.74 billion to 6.77 billion XRP in the past 24 hours — a net accumulation of roughly 30 million XRP, according to analyst Ali Martinez.

Martinez flagged the accumulation as notable after prices dipped to about $2.84, a classic buy-the-dip behavior that can precede renewed upward momentum. During the same timeframe, Whale Alert recorded roughly $812 million in XRP transfers between unknown wallets, activity that draws attention especially when overall market volatility is muted or prices are retracing.

At the time of reporting, XRP was trading near $2.87, representing a small intraday decline and roughly a 4% drop over the last seven days.

Traders remain focused on nearby support areas as they weigh the next directional move.

“$XRP holding above $2.71 could open the door for a move to $3.60,” Martinez wrote, pointing to repeated bounces off that level that have acted as a short-term floor. Immediate resistance sits around $3.20 and $3.60; if $2.71 continues to hold, further attempts to climb are possible.

Long-term breakout thesis still intact
Analyst Javon Marks has highlighted a breakout above a long-term consolidation range and says that maintaining levels above $2.47 would confirm the bullish setup. As long as that level holds, Marks views a move toward $4.80 as a likely next target — roughly a 66% increase from current prices — with a loftier stretch target near $7.14 based on breakout strength and elevated trading volume during the move.

XRP has been consolidating after a strong rally earlier in the year, but it remains above prior resistance zones that could now serve as support. Cautionary signals and potential downside
Not all analysts are convinced the uptrend will continue uninterrupted.

Tom Tucker warned that XRP’s slip below $3 is producing technical warning signs, noting a descending triangle pattern.

If the triangle’s support breaks, Tucker says a decline toward $2.07 could follow, which would be about a 26% drop from current levels.

Tucker also pointed out that about 94% of the circulating XRP supply is currently in profit — a condition that can precede selling pressure. Momentum indicators are weakening and selling activity has picked up, he added, so bulls need to defend key support levels to avoid deeper losses. Market-wide stress was visible elsewhere: the broader crypto market recorded more than $1.44 billion in liquidations, affecting over 356,000 trader accounts.

ETF milestone amid mixed signals
Despite the mixed technicals, XRP hit a notable milestone with the launch of the REX-Osprey XRP ETF, which posted $37.7 million in trading volume on its opening day — the largest ETF debut of 2025 so far.

Bottom line
Whales accumulating roughly 30 million XRP and large transfers between unknown addresses have drawn renewed attention, but the path forward remains conditioned on key support levels.

Holding above $2.71 (and the longer-term $2.47 confirmation level) would keep bullish scenarios toward $3.60–$4.80 in play, while a break of critical support could expose downside toward $2.07.

Traders should watch on-chain flows, momentum indicators, and whether institutional interest via ETFs continues to gather steam.