XRP Breaks Out as Whales Add 190 Million Coins, Fueling Fresh Bullish Momentum XRP is showing renewed strength after breaking out of a two-week trading range, while a sharp rise in large-hold
XRP is showing renewed strength after breaking out of a two-week trading range, while a sharp rise in large-holder balances adds another bullish signal.
Market analyst Xaif Crypto says XRP has cleared its recent consolidation range, with a potential 6.8% upside target ahead. The breakout comes as XRP posts a strong weekly gain and attempts to shift from choppy price action into a sustained recovery.
According to CoinCodex data cited in the analysis, XRP is trading at $1.23, up by 22.4% over the past seven days.
The most notable development, however, is coming from XRP's wallet data.
Crypto analyst MRCAULIMANN highlighted a major increase in the combined holdings of addresses holding between 1 million and 10 million XRP. This group added roughly 190 million XRP in a single day.
More importantly, this figure does not necessarily mean one whale bought 190 million XRP. Instead, it represents the combined change in holdings across an entire group of large wallets.
Even so, the increase is significant because it coincides with XRP's latest breakout and improving market momentum.
Network activity is also holding up well. The XRP Ledger processed approximately 1.89 million transactions in 24 hours, while around 2,300 new addresses were added.
The XRPL decentralized exchange recorded roughly $2 million in activity, although most XRP trading volume continues to take place on centralized exchanges rather than directly on the XRPL DEX.
Meanwhile, validator support for the leading new amendment remains below the activation threshold, sitting at around 34% compared with the required 80%.
For bulls, the key test now is whether XRP can hold above its former two-week range.
A sustained breakout would strengthen the bullish case and potentially open the door to the projected 6.8% move higher.
Combined with rising large-holder balances, nearly 1.9 million daily ledger transactions and thousands of new addresses, the setup is attracting renewed attention with XRP’s open interest going through the roof.
For now, XRP has regained momentum, and the growing balances among large holders are giving bulls another reason to watch the next move closely.
