$500M in XRP moved! – How whales could drive its next rally
2025-07-15 08:09:33
Main Idea
XRP experienced significant whale activity and trading volume surges, with $500 million moved off-exchange and Open Interest rising to $2.92 billion, indicating potential bullish sentiment and volatility.
Key Points
1. Over 167 million XRP (worth nearly $500 million) was transferred between unknown wallets, suggesting strategic whale movements.
2. XRP's Open Interest increased by 11%, reaching $2.921 billion, reflecting a rise in leveraged positions and expectations of significant price movement.
3. XRP short liquidations totaled $8.13 million, coinciding with a surge on Coinbase, indicating active bullish pressure.
4. Binance accounts showed a Long/Short Ratio of 1.80, with 64.34% holding long positions, signaling short-term bullish confidence.
5. Whale activity shifted off-exchange, contrasting with retail traders chasing momentum, suggesting either long-term accumulation or uncertainty about XRP's short-term direction.
Description
Whales vanish off-exchange, traders chase XRP on Coinbase. What's this split signal saying?
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