XRP spent April with the sideways trading around $ 2.14. Ledger's data, however, showed an increase in whale accumulation, with more than 880m tokens sent to personal controlled wallets.
The XRP, Ripple's native token of Ledger, draws attention of whales despite the priceless performance. In April, active whale accumulation continued, drawing more than 880m tokens out of exchanges and in personal controlled purses.
XRP wallets with a balance 10,000 The coins have grown in the last month. According to Santiment DataLast month has seen gradual flow to whale wallets, waiting for more active price action for XRP. There are now more than 300K addresses holding more than 10,000 XRPs, showing dedication and expectations that the owner can still be larger.
To date, XRP exchange reserves will remain close to their higher range. XRP is not scarce, as the ripple still holds large reserves. Despite this, the transition to the accumulation of whale in April drawn attention as a potential bullish factor.
Addresses with 100m to 1B XRP are especially active, buying another 350m coin over the last month. A single whale bought More than 57m XRP from the open market to Bitstamp. Another whale recently moved 70m XRP between unidentified addresses.
The handling and use of XRP is not linked to any promised utility. However, the factors to accumulate include the expectations of an ETF launch, as many XRP funds are currently in the review stage. Demand for XPR also followed the general crypto recovery, as the BTC led the way.
The other potential reasons for the purchase of XRP is the prediction that the owner can be a part of the US strategic crypto reserve.
So far, there is no real development with that line. Recently, it was learned that a Ballard employee, Ripple consultant, was trying to force US President Donald Trump to include the XRP finally reserve.
Recent accumulation has raised doubts about the purpose of the end, from the general imagination -Haka to the insider's knowledge of the future demand for the token. The XRP remains liquid and is widely exchanged, but it does not see the supply crunch as predicted. Since it started, the network has just burned just around the 13m XRP, which produces a minimal tooth in total supply.
XRP holds above $ 2 with confidence
The XRP has recovered and held above $ 2, but so far it has failed to rally at a new climax. The tokens benefit from the expectations of altcoin's modified strength, but still reflect the merchants' doubts.
XRP activity remains relatively low, with an open interest in justice $ 1.5bDue to a general lack of direction and long-term sideways trading. To date, merchants remain careful, accumulating their long position at the support level of $ 2.
Despite this, the same sentiment of the crowd and smart currency is bullish on XRP, because of its popularity as a widely exchanged altcoin.
$ XRP Feelings
Crowd = bullish 🟩
Mp = bullish 🟩Check feelings and other stats in crypto pic.twitter.com/eqf8z7uibi
– Market Prophit (@marketProphit) May 8, 2025
The XRP leveraged position is long in the range of $ 2, with 70% of the open interest held as long as the positions.
While holding a steady downside, XRP predictions are still awaiting a new all-time high if the 2025 Bull Market continues. Interest in XRP has grown while Ripple is still making an aggressive attempt to Get Stablecoin Issuer Circle.
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