XRP Market in Transition: Large and Small Whales Shape New Dynamics

robot
Abstract generation in progress

The XRP market is currently experiencing a tense phase, with different whale groups sending conflicting signals. The price action follows patterns that oscillate between selling pressure and demand absorption – a phenomenon that reveals both opportunities and risks.

Large whales execute massive sell-offs

In the past four weeks, larger token holders have offloaded around 400 million XRP tokens from the market. These sell-offs were valued at approximately $800 million and contributed significantly to selling pressure. According to data from the analysis platform NS3.AI, this created a potentially bearish impulse on the supply side, realigning market distribution.

Smaller whales actively seize the opportunity

In the meantime, smaller whale groups have responded by buying up a substantial portion of this supply. This absorption activity limited the bearish momentum and prevented an uncontrolled price decline. The ability of smaller players to absorb selling volume often indicates a healthy market structure with broader participation.

Long-term holders show unwavering confidence

Despite these short-term dynamics, long-term token holders continue to increase their positions. This consistent accumulation activity signals deep confidence in XRP’s fundamentals and underscores the conviction of institutional and experienced investors.

Technical formation indicates a recovery

From a technical perspective, XRP has successfully broken through the descending wedge pattern – a formation traditionally indicating upward price impulses. Analysts point to a short-term target price of around $2.10, representing an increase of about 11.7% from the current level. However, the price remains vulnerable to setbacks if it falls below key support levels. The current price of $1.36 (as of February 5, 2026) serves as a critical anchor point for future price movements.

XRP-6,97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)