XRP enters a period of compressed trading conditions as large-holder activity rises and market positioning becomes increasingly imbalanced. The asset remains steady while traders reassess exposure, and liquidity shifts create conditions for potential volatility.
Whale Activity Reaches a New Four-Month Peak
XRP records a notable rise in whale transactions after 716 transfers exceeding $1 million were tracked. This marks the highest reading in four months and signals renewed engagement from large holders. The surge contrasts with the quieter activity seen through August and late September.
Analyst Ali (@ali_charts) shared the chart that captured this movement, showing a clear spike against the backdrop of a drifting price structure. The pattern shows XRP forming a series of lower highs, with rallies failing to break the broader downward structure. The increase in whale activity occurs as the price nears a consolidation area.
These transactions typically accompany strategic repositioning among large accounts. The chart shows clusters that coincide with broader liquidity shifts. The latest wave appears during a flattening phase in the price trend, a point where traders often prepare for directional changes.
Market Structure Shows Cooling Activity and Rising Imbalance
Market data as of writing shows XRP trading near $2.25, posting a -1.29% move in the last 24 hours and a -0.20% shift over the week. The price range between $2.24 and $2.26 reflects limited momentum as the asset stabilizes after repeated intraday swings. Short-term conditions remain fragile despite strong long-term gains.
Long and short ratios show a clear bias toward long exposure. Binance traders display a ratio above 2.7 for accounts and above 2.9 for top traders, while OKX reflects a similar tilt. This positioning places leveraged longs at risk should selling pressure increase. Recent liquidation data shows long positions taking larger hits within the observed window.
Trading volume on Binance exceeds $94 million but shows a sharp decline. Other exchanges record similar drops. Lower participation across venues signals reduced speculative activity. Open interest also trends lower, suggesting traders are cutting exposure or waiting for stronger signals.
Price Consolidation Forms a Base as Volatility Builds
XRP’s chart shows consolidation near support, creating a stable range following prolonged downside pressure. The structure flattens ahead of the whale-driven spike, forming conditions that often precede larger moves. The long-term trend remains strong despite recent weakness across shorter windows.
Whale involvement builds during this muted phase. The spike of over 700 large transfers suggests preparation for liquidity changes by major holders. These movements often occur before breakouts or expanded ranges when markets transition from quiet periods to more active phases.
As the volume decreases, long exposure increases, and the whales become more active, XRP reaches a critical juncture. Traders will be watching whether this arrangement will result in a reversal attempt or an extension of the recent corrective behavior with liquidity redefining across the market.