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XRP has had a rough start to December. The coin fell below $2 after the market crash on the first of the month and touched a low near $1.90. It later made a small rebound back to around $2. Even with this bounce, the price is still down on both daily and weekly charts.
The weak price gave large holders a chance to buy more—and they did not waste the moment.
Whale activity has been high for a full month. Data shows the average size of spot orders stayed large for thirty straight days. When this happens, it usually means whales are actively participating in the market. The key question: buying or selling? In this case, most signs point toward buying.
For three weeks, the spot taker trend stayed in the green, meaning most of the orders hitting the market were buy orders. This shows steady whale accumulation even while the price looked soft.
There is also a shift in how big wallets are behaving. The number of wallets holding 100 million XRP or more dropped by a little over 20% in eight weeks. At first, that seems bearish—but the total amount held by this group rose to 48 billion XRP, the highest level in seven years. Fewer wallets now hold a bigger share of supply, building positions instead of reducing them.
At the same time, whale movement to trading platforms stayed low. The flow of whale transfers to platforms stayed near 1,000 a day for a month, showing whales are not looking to sell and are keeping tokens in their own wallets—fitting a long-term buying phase.
Even with all this whale interest, price charts still look weak. Technical signals show the market is under bear control. One key signal, the Relative Vigor Index, made a bearish cross and dropped below zero. This means downward pressure is still strong and buyers have not gained enough strength to flip the trend.
If this pressure continues, XRP may fall below $2 again. There is some support near $1.90, but that may not hold if sellers stay active. On the other hand, if whale demand becomes strong enough at current levels, XRP could recover toward $2.20 and aim for $2.50 over time. The market needs clear proof that buyers can overpower sellers before any real shift happens.
In short: the number of very large wallets has fallen, but their total holdings reached a seven-year high. Whale interest is strong, but market structure is still weak. The next move for XRP depends on whether this demand can overcome bearish pressure around $2.
#xrp 🔥🔥
#XRPWhales #cryptooinsigts #CryptoNewss ---