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Home»Cryptocurrency»XRP whale’s 50M transfer sparks accumulation talk after 13% weekly drop
Cryptocurrency

XRP whale’s 50M transfer sparks accumulation talk after 13% weekly drop

By CharlotteJune 9, 20263 Mins Read
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After a heavy week of outflows, the market is finally starting to show signs of recovery.

On the bullish side, most altcoins are on track to post around 72 hours of upside, kicking off the week in green after last week’s sharp sell-off. Ripple’s $XRP is following the same trend.

On the weekly timeframe, $XRP has been up over 1.15% so far, after a notable 13.23% drop last week during the broader market-wide crash.

That said, the momentum isn’t isolated to Ripple.

As the chart below shows, TOTAL2 (crypto market cap excluding BTC) is up 0.17%, in line with a nearly 10% jump in the altcoin season index. This points to capital rotating “across” the market as momentum starts to stabilize around Bitcoin.

Source: TradingView (TOTAL/USDT)

Against this backdrop, traders may still view any accumulation more as a short-term move rather than a sustained signal.

In Ripple’s [$XRP] case, Whale Alert recently flagged a 50 million $XRP transfer into an unknown wallet. This lines up with $XRP’s 1.6% recovery around the $1.15 level, pointing to ongoing dip-buying activity. That said, the momentum isn’t isolated to $XRP, with capital also rotating across the broader market.

However, two key signals suggest this specific accumulation may be more than just random dip buying.

Is whale accumulation signaling a bigger $XRP move?

Ripple’s technical signals and on-chain signals are beginning to converge.

On the technical side, $XRP has entered an oversold zone following a sharp correction. The token briefly slipped to $1.05 over the weekend as crypto markets came under pressure.

This level of selling pressure may have pushed $XRP below perceived fair value, potentially opening the door for a short-term rebound.

At the same time, Ripple leadership has pointed to expanding utility on the $XRP Ledger, with growing support for tokenized stocks, funds, repos, and loans. This lines up with rising real-world asset (RWA) activity on XRPL, which has jumped over 12%, reportedly outpacing major RWA ecosystems like Ethereum [ETH].

Source: RWA.xyz

Taken together, the oversold RSI and growing utility narrative suggest the recent whale move may be more than just random accumulation.

Instead, with the upcoming CLARITY Act, it looks like positioning could be building ahead of a potential shift in market structure and regulatory clarity. Further supporting this view are $XRP ETF flows, which are diverging from the broader market with consistent weekly inflows.

Overall, this puts $XRP’s ongoing correction in the context of a potential accumulation phase rather than just a standard trend reversal.


Final Summary

  • Oversold RSI conditions, rising XRPL utility, and strong RWA growth suggest $XRP may be entering an early accumulation phase.
  • Diverging ETF inflows and whale activity hint at positioning ahead of regulatory catalysts like the CLARITY Act.



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