{"id":40458,"date":"2025-06-07T11:35:59","date_gmt":"2025-06-07T11:35:59","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/07\/xrp-whales-buy-1-9-billion-as-price-clings-to-2-18-amid-long-term-selling\/"},"modified":"2025-06-07T11:35:59","modified_gmt":"2025-06-07T11:35:59","slug":"xrp-whales-buy-1-9-billion-as-price-clings-to-2-18-amid-long-term-selling","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/07\/xrp-whales-buy-1-9-billion-as-price-clings-to-2-18-amid-long-term-selling\/","title":{"rendered":"XRP whales buy $1.9 billion as price clings to $2.18 amid long-term selling"},"content":{"rendered":"
<\/div>\n

XRP is facing renewed pressure as the cryptocurrency continues to trade within a persistent downtrend, despite momentary support from large investors. <\/p>\n

At the time of writing, XRP is priced at $2.18, having dropped 0.84% in the last 24 hours.<\/p>\n

<\/figure>\n

Source: CoinMarketCap<\/a><\/p>\n

While some traders hoped the altcoin had reached a bottom, its short-term momentum remains weak. <\/p>\n

However, a surge in accumulation by XRP whales\u2014who collectively acquired nearly 900 million tokens worth approximately $1.9 billion\u2014could help anchor the price above $2.00.<\/p>\n

This tug-of-war between whale accumulation and long-term holder (LTH) selling could define XRP\u2019s near-term trajectory. Whether the coin stabilises or slides further will depend on the strength of the support zone now forming near $2.18.<\/p>\n

XRP whale activity hits $1.9 billion in two days<\/h2>\n

In just 48 hours, addresses holding between 100 million and 1 billion XRP absorbed 900 million tokens, data shows. At current market prices, this represents a capital inflow of $1.9 billion into XRP by a small group of large holders. <\/p>\n

This level of activity is significant because whale purchases are often seen as a sign of institutional or informed investor confidence in future price movement.<\/p>\n

Blockchain analysts have flagged this behaviour as a possible attempt to stabilise the token above the $2.00 psychological threshold. <\/p>\n

Historically, such coordinated buying tends to provide short-term price floors, even if broader market sentiment remains mixed.<\/p>\n

Despite this positive accumulation trend, XRP is not out of the woods. The ongoing downtrend since mid-May has yet to be reversed. <\/p>\n

If buying pressure continues at this scale, it could help offset the concurrent selling from long-term investors.<\/p>\n

Long-term holders begin cautious selling<\/h2>\n

On-chain metrics show that XRP’s Liveliness indicator\u2014a measure tracking whether long-held coins are being spent\u2014has risen slightly. <\/p>\n

This suggests that some long-term holders (LTH) are selling into the recent price weakness.<\/p>\n

Though the selling appears modest so far, it reflects a dip in conviction among investors who previously held XRP through earlier volatility.<\/p>\n

Historically, when LTHs sell during a downturn, it can lead to further price erosion, especially if not countered by new demand. <\/p>\n

However, the limited scale of this selling means its effect may be muted for now.<\/p>\n

If whales maintain their aggressive accumulation pattern, they could absorb this supply without triggering additional losses.<\/p>\n

The next key price levels to watch are $2.02 and $1.94. If XRP fails to maintain the $2.18 level, a slide to $2.02 is likely. <\/p>\n

A further break below that could pull the token to $1.94, which would mark a full invalidation of the current support zone and signal continued bearish pressure.<\/p>\n

XRP must hold $2.12 or risk slipping to $1.94<\/h2>\n

Technical analysts note that XRP must hold the $2.18 level to attempt a breakout from its current downtrend. <\/p>\n

The next upside resistance sits at $2.27.<\/p>\n

A strong bounce from current levels, especially if supported by whale demand, could help XRP flip the trend and regain upward momentum. <\/p>\n

This would also help re-establish bullish sentiment, which has been dampened by the prolonged decline.<\/p>\n

However, the altcoin remains at a critical juncture. Should market conditions deteriorate or LTH selling intensify, whale activity alone may not be enough to prevent a further drop. <\/p>\n

The next few trading sessions will be decisive in determining whether XRP can build a recovery or extend its correction deeper into the $1 range.<\/p>\n

The post XRP whales buy $1.9 billion as price clings to $2.18 amid long-term selling<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

XRP is facing renewed pressure as the cryptocurrency continues to trade within a persistent downtrend, despite momentary support from large investors. At the time of writing, XRP is priced at $2.18, having dropped 0.84% in the last 24 hours. Source: CoinMarketCap While some traders hoped the altcoin had reached a bottom, its short-term momentum remains <\/p>\n","protected":false},"author":1,"featured_media":40459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-40458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40458"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40459"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}