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XRP Price Crash To 15-Month Low Inspires $2.2 Billion Whale Buying
XRP recently suffered a sharp sell-off that dragged the price close to the $1.00 level, marking its lowest point in nearly 15 months. The decline shook market confidence and triggered widespread fear among short-term holders.
However, XRP avoided a deeper breakdown at the last moment. The key question now is whether downside pressure will resume or stabilize.
XRP Holders Exhibit Mixed Signals
Large XRP holders have returned to accumulation mode during the downturn. Wallets holding between 100 million and 1 billion XRP acquired more than 1.6 billion tokens over the past week. At current prices, this buying exceeds $2.24 billion, signaling renewed interest from influential market participants.
This accumulation helped support XRP’s bounce from recent lows. Whale buying often absorbs sell-side pressure and stabilizes price during volatile phases. While it does not guarantee immediate recovery, such activity improves liquidity conditions and provides a foundation for short-term price resilience.
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Long-term holders remain cautious despite whale accumulation. The recent crash appears to have weakened confidence built over the prior weeks. XRP’s Liveliness indicator spiked during the decline, signaling increased movement of long-held tokens back into circulation.
A rising Liveliness reading suggests long-term holders are shifting from accumulation to distribution. This behavior is concerning because long-term investors typically anchor market stability. If their selling continues, it could offset whale demand and limit XRP’s ability to sustain a recovery rally.
XRP Traders Under Pressure
Derivatives positioning highlights a bearish bias in XRP’s broader market structure. Liquidation data shows roughly $399 million in short exposure compared with $152 million in long positions. This imbalance suggests traders are positioning for further downside rather than a sustained rebound.
XRP is particularly vulnerable if the price revisits the $1.00 level. A breakdown below that threshold could trigger cascading liquidations. Such an event would amplify volatility and accelerate selling, reinforcing bearish momentum in the futures market.
XRP Price Is Holding Support
XRP is trading near $1.44 at the time of writing, holding above the $1.42 support level. On the weekly chart, the token briefly dipped to $1.11 before rebounding. This move marked XRP’s lowest level in 15 months, stopping just above the critical $1.00 psychological zone.
Given current conditions, a retest of lower support remains possible. Weak long-term holder confidence and bearish derivatives positioning increase downside risk. A loss of $1.42 could send XRP back toward $1.11, where buyers would need to defend aggressively to prevent further losses.
A bullish alternative exists if selling pressure fades. Continued whale accumulation could help XRP regain momentum. A push toward $1.91 would mark a significant recovery. Breaking that resistance could lift the price toward $2.00, invalidating the bearish thesis and restoring market confidence.
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