|

720,000,000 XRP Bought in 3 Days: Are Ripple Whales Preparing for a Pump?

💥

A wave of enormous XRP purchases has been recorded on-chain, with long-term holders including 720 million tokens over three days. The shift follows a interval of regular promoting and comes because the asset trades in a slim vary close to key assist ranges.

Long-Term Buyers Return After Extended Selling

From January 9 to January 11, 2026, XRP wallets linked to long-term holders added 720 million tokens. On January 11 alone, accumulation reached 242.7 million cash. This follows a three-month stretch of constant outflows from the identical group.

During the latest shopping for exercise, XRP’s worth has stayed regular. It traded between $2.03 and $2.28 in the previous 7 days. The transfer has stood out as a result of its measurement and timing, particularly as there have been no main headlines driving it. Analyst Steph Is Crypto shared the info and requested:

Recent information (*3*) by CryptoPotato confirmed a rise in massive XRP transfers throughout the early January worth transfer. That exercise has since eased. XRP climbed from under $1.90 to $2.41 in one week, pushed in half by ETF inflows and a decline in obtainable provide on exchanges. Since then, buying and selling quantity and volatility have come down.

XRP is buying and selling at $2.06 at press time, with $3 billion in quantity over the previous day (per CoinGecko’s information). The asset is down 13% in the final week. Without contemporary information, the market stays centered on short-term ranges, with XRP following broader crypto tendencies.

Chart Pattern Resembles Past Cycle Setup

XRP’s latest worth construction is drawing comparisons to 2016 and 2017. Analyst ChartNerdTA pointed out that the token is transferring by means of a related reaccumulation vary. In 2017, XRP adopted a sideways section, dipped briefly under assist, then broke out. An analogous sample seems to be forming.

Notably, the chart additionally reveals a reset in the Stochastic RSI, similar to earlier than the final breakout. According to ChartNerdTA, XRP is holding its 13-month assist base. “Invalidation consists of dropping our 13-month assist base,” the analyst mentioned. That stage stays in play.

As beforehand reported, XRP is near its 21-month EMA, which aided the worth throughout the 2018 rally. The token is at the moment holding above $2.04, with resistance at $2.10.

ETF inflows and institutional demand proceed to assist the broader pattern, although there hasn’t been sufficient motion this week to set off a breakout. Liquidity is gentle, and short-term ranges are in focus as XRP continues to commerce inside its present vary.

The submit 720,000,000 XRP Bought in 3 Days: Are Ripple Whales Preparing for a Pump? appeared first on CryptoPotato.

Similar Posts