XRP is currently trading at approximately $1.43, as on-chain data indicates a surge in accumulation by large holders, often referred to as XRP whales. Although the token has lost more than 20% of its value in 2025, recent market movements suggest a noteworthy shift could be on the horizon.
On April 24, whale transactions accounted for a staggering 94.4% of outflows on Binance, a stark contrast to retail activity, which represented a mere 5.5%, according to insights from renowned analyst Amr Taha. This significant concentration of outflows indicates robust accumulation activity among the largest holders in the market.
During this period, the XRP Ledger registered total exchange outflows of 34.94 million XRP, marking it as the sixth largest 24-hour outflow period of the year, as reported by Santiment. Historically, spikes in whale outflow activity have often been precursors to price increases; for instance, a similar trend observed last October was followed by a remarkable 525% rally.
Furthermore, the XRP spot Cumulative Volume Delta (CVD) increased from $1.08 billion to $1.39 billion, witnessing a notable $310 million uptake over just a few weeks. In contrast, futures traders continued to display bearish sentiment, with Binance’s perpetual CVD dipping to -$392 million.
From a technical perspective, XRP remains above its 200-day Exponential Moving Average (EMA) at $1.39. The 50-day EMA is positioned at $1.42, while the 20-day EMA rests at $1.43, indicating strong nearby support. The Relative Strength Index (RSI) is currently at 53%, suggesting that the asset is balanced without indicating overbought conditions.
As for Fibonacci resistance levels, obstacles exist at $1.45 and $1.49, whereas support is firmly anchored in the $1.39 to $1.42 range. Following a dominant trend of long liquidations since April 18, leverage in the market has lessened, which in turn has contributed to more favorable funding conditions.
Insights from on-chain analyst Ali Martinez reveal a developing symmetrical triangle formation on XRP’s hourly chart, which could signal an impending price surge of up to 10%, potentially propelling XRP towards $1.58, should this prediction materialize.
Adding to the positive sentiment is the continued influx of institutional investment. Farmers & Merchants Investments, a bank holding company managing $3.6 billion in assets, recently disclosed its holdings in the Bitwise XRP ETF through an SEC filing. The company holds 2,374 shares, valued at approximately $35,681.
In addition to Farmers & Merchants, Goldman Sachs has emerged as the largest institutional holder of XRP ETF products, commanding over $152 million in holdings. Notably, XRP ETFs experienced a net inflow of $3.89 million on Thursday, culminating in total cumulative inflows of $1.28 billion, while the overall assets under management (AUM) across XRP ETFs have now reached $1.08 billion, as highlighted by SoSoValue.
Despite the turbulence that defined early 2025, with XRP reaching an all-time high of $3.65 on July 18, the current market dynamics are fostering renewed optimism among investors. As XRP continues to trade within a range of $1.41 to $1.44, eyes are on the market momentum that could breathe new life into this digital asset.
