XRP Whales Now Hold 83.7% of All Supply – What’s Next For Price?
Summary
XRP is currently in a prolonged downtrend, failing to reclaim key resistance levels. On-chain data shows a complex dynamic: large holders, or whales, have increased their collective ownership to 83.7% of the total supply, suggesting strong conviction for a future rebound. However, this bullish accumulation is countered by bearish signals, including a recent surge in realized profit-taking ($207 million) and persistent weakness in network growth, as monthly new address creation remains below yearly averages since December 2025. At the time of writing, XRP trades at $1.34, sitting on critical support, capped below $1.47 resistance by a descending trendline. A breakdown below $1.34 could lead to $1.28 or $1.21, while a decisive break above $1.47 is needed to invalidate the bearish structure and target $1.58.
(Source:BeInCrypto)