Key Takeaways:
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The 90-day transfer of XRP of the average whale flow became positive in May, indicating the updated interest and a potential breakout setup for Q4.
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Wallets holding more than 1 million XRP struck at all times high, while growing mid-tier purse rose 6.2%-which provides strong belief holding long-term.
After the release at a full time high of $ 3.40 in January, XRP (XRP) has shown a moderate return to investment over the past few months. Despite the ongoing closure of each monthly candle above the $ 2 mark since December 2024, XRP Q2 Q2 Q2 volumes have fallen to their lowest levels since August 2020, reflecting a collapse in market participation.
XRP whale activity indicates a breakout setup
Recently Data From the cryptoquant suggests that whale addresses can position themselves for an imminent breakout. Interestingly, the 90-day transfer of the average XRP whale flow moved to positive territory at the beginning of May, an upside down from the sharp negative flows observed between January and April, marked a prolonged stage of correction.
The revised flow of whale capital hints in strengthening emotions in the market. In addition, a detailed chart review indicates that the bullish trend in the whale flow began in early August 2024, eventually contacting a 420% breakout for XRP in Q4.
The size of these flows, which currently exceeds last year’s levels, can drive XRP to new highs early Q4 2025.
Wallet data features the investor confidence
Supporting Bullish Onchain Development, Futures Trader Dom mentioned significant activity in large wallets of XRP. Specifically, purses holding more than 1 million XRPs reached a full time of 2,850, while holding more than 10,000 XRP rose 6.2% year-to-date to 306,000.
Despite several months of stagnation price action, this continued growth in large-scum accumulated emphasizes the investor’s stable long-term trust in XRP.
Meanwhile, the data analytics platform Santiment Taught XRP sentiment reached a 17-day high, fueling by a stuck $ 50 million settlement between Ripple and the Sec.
This development opposes the missing optimism surrounding Bitcoin (Btc) and ether (Eth), who saw reduced retail interest as the crypto market moves sideways.
Related: UNHEDGED SPOT BITCOIN ETF FLOWS SHOW BTC IS A MACRO ASSET NOW
The sec v. Ripple legal overhang is going on
Ripple’s legal case with the SEC continues to drag. On June 26, District Judge Analisa Torres denied a motion seeking a indicative decision, which re -stated that private arrangements could not miss the authority of the court’s final judgment.
According to journalist Eleanor Terrett, Judge Torres Nakasa said,
“The parties have no authority to agree not to end the final court discretion … They do not come to do so.”
Terret added that the judge emphasized that if the parties wanted to avoid the implications of the decision, both should revoke their appeals and allow the judgment to stand or challenge it through the formal appeal process.
Related: 3 Signs that XRP prices are about to break after 4 months integration
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
