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

$500M in XRP moved! - How whales could drive its next rally WikiBit 2025-07-15 16:52

Key Takeaways XRP’s Open Interest climbed to $2.92 billion as whales shifted $500 million off-exchange. The Coinbase-led volume spike contrasts with

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

While retail traders chased exchange momentum, whale activity shifted off-exchange. This divergence suggests either long-term accumulation or preparation for private transactions.

Naturally, this disconnect between public hype and whale silence adds uncertainty to XRPs short-term direction.

Is XRP speculation rising behind the scenes?

Source: CryptoQuant

Did shorts get caught off guard by sudden upside volatility?

The wipeouts occurred across Bybit, OKX, and Binance, showing that bearish traders were forced to close positions.

This short-side flush coincided with XRPs surge on Coinbase, pointing to possible coordinated buys or momentum-driven rallies.

Events like these often accelerate price moves through forced buys, supporting the idea that bullish pressure may still be active.

Source: CoinGlass

Does THIS confirm continued bullish confidence?

At the same time, Exchange Reserves rose, indicating belief in short-term price appreciation.

However, if whales continue to operate off-exchange while retail traders remain exposed, sentiment could shift rapidly with any major exit.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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