$500M in XRP moved! – How whales could drive its next rally

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.