Ripple Reclaims $1 Support as Whales Shift Millions

Ripple rallies past $1 after renewed whale demand

Ripple (XRP) rebounded strongly after a pause in price action, climbing more than 13% and briefly touching a monthly high near $1.14. The upside move coincided with a broader recovery in the crypto market, but on-chain signals and large investor behavior played a clear role in powering the rally.

Whale transactions and large wallet accumulation

On-chain analysis shows a marked increase in sizable transfers: transactions above $1 million jumped roughly 280%, rising from about 10 per day to nearly 40. Meanwhile, wallets holding between 10 million and 100 million XRP accumulated approximately 72 million tokens within a 24-hour window. These flows point to renewed accumulation by large holders and provide a bullish backdrop for XRP.

Exchange outflows reduce short-term sell pressure

Significant outflows from major exchanges—including Binance, Upbit and Coinbase—have reduced exchange reserves by roughly 240 million XRP over recent months. Total exchange balances fell from about 5.36 billion to 5.12 billion XRP, a shift that can dampen immediate selling pressure and support price stability.

Network activity and derivatives signal improving sentiment

Network usage has picked up, with daily active addresses approaching 50,000—the highest level in over two months—indicating more on-chain engagement. In the derivatives market, XRP open interest stands near $2.7 billion, with approximately 75% of positions net long, suggesting traders are positioning for further upside.

What traders should monitor next

While the recent gains have improved investor sentiment, traders should continue to watch key indicators: trading volume, whale behavior, continued exchange withdrawals, and whether the $1 level holds as support. Maintaining awareness of on-chain metrics and derivatives exposure can help assess the sustainability of Ripple's rebound.

Overall, the combination of whale accumulation, shrinking exchange supply and rising network activity has shifted momentum in favor of XRP, but risk management remains essential for participants in this volatile market.