Major XRP investors, often called “whales,” are significantly increasing their holdings between $1.2 and $3 per token, signaling strategic long-term positioning. This accumulation shift from a previous $0.3–$1.3 range occurs alongside a 2.9% rise in open interest to $759.2 million. However, long-term holders, or Hodlers, have reduced their positions by 3.47%, revealing a complex market dynamic as the token trades at $1.33.
Major investors in XRP are steadily expanding their positions between $1.2 and $3, indicating strong confidence in the asset’s future growth. Data shows this is a shift from their previous accumulation range of $0.3 to $1.3.
These whales continue to build their holdings rather than distribute tokens to smaller investors. This sustained accumulation suggests a possible build-up of momentum for a future upward price movement.
Concurrently, the token’s open interest has increased by 2.9% to $759.2 million. The funding rate has also risen from -0.011% to -0.003%, indicating more long positions are being built.
In contrast, long-term holders have adjusted their exposure. The Hodler net position decreased by 8.25 million tokens, a 3.47% reduction from 238 million to 229.78 million tokens.
These combined signals have created a bearish-prone market structure. Market observers continue to analyze these on-chain metrics and derivative activity to assess broader sentiment.
At the time of writing, XRP was trading at $1.33. The asset maintains a market dominance of 3.57% with a daily trading volume of $1.46 billion.
