XRP’s momentum is slowly shifting, as the coin is establishing a new macro trend. This trend shifting on the charts comes at a time when the whales have gone into a buying spree. While the whales are loading up on XRP, the retailers are offloading.
XRP breaks above multi-month downward trendline
The tectonic shift in XRP prices is occurring as the coin has broken above a multi-month trendline, as shown in the chart below. Since July of 2025, the XRP price has been making lower highs and lower lows as the sell pressure has been dominating. Though there were many times that the coin tested the trendline, there was not a single occasion where the coin broke above this level until just a few days ago.
After bottoming out at $1.01, the price rebounded and broke above this downward trendline that was restricting the price movement. Not only did XRP dismantle the trendline, but it also broke above the 50-day moving average, a significant indicator in the market. Once this indicator is breached, the market usually considers the coin to be bullish in the short term.
XRP whales go into a buying frenzy while retail offloads
Over the past five weeks, wallets holding 100,000 to 100 million XRP have accumulated 2.8% more XRP, whereas micro wallets with under 0.01 XRP have cut their holdings by 5.2%, highlighting a growing divergence between large and small holders.
The divergence between large and small XRP holders suggests that institutional-scale and high-net-worth investors are positioning differently from retail participants. Over the past five weeks, whales and sharks holding between 100,000 and 100 million XRP have continued to accumulate, while the smallest wallets have reduced their holdings. This indicates that larger market participants are buying the supply being sold by retail investors.
Historically, XRP has tended to follow the behavior of whales and sharks because these wallets control a significant share of the token’s circulating supply. Their buying and selling activity has a much greater impact on market liquidity and price discovery than the actions of thousands of small retail wallets. When large holders accumulate over an extended period, it often reflects a longer-term investment outlook rather than short-term speculation.
Whales enter market bracing for XRP rally
Meanwhile, analyst Casi Trades spotted that XRP has started a new macro trend, ending years of consolidation that the coin has been going through.
XRP is currently lying just below the trendline where the rallies that took it above $3 started. Hence, it looks like the whales have also spotted this and are accumulating and entering the market at the right time to catch the whole rally.
