Long-term XRP investors who held their holdings for more than 155 days recently withdrew 8.25 million tokens from their accounts. This move represents a 3.47% dip in “Hodler” positions, a total drop from 238 million to close at 230 million tokens.
While these veteran owners are taking money off the table, the broader market is seeing a huge influx of funds from a different class of participants.
Big Investors Set the Floor Too High
Data shows that large holders, commonly referred to as whales, are now buying XRP at prices between $1.20 and $3. In the past, these same high-value players have concentrated their accumulation in the lowest bracket, mostly between $0.30 and $1.30.
This change in behavior suggests that the big players in the space are no longer waiting for deep discounts to build their stashes. Instead, they show a high level of comfort with the current valuation of the asset.
$XRP whales accumulate only at the bottom before an uptrend begins.
And they have been collecting for over a year.
This means that $XRP whales are still preparing for a bull market. Their collection point is $1.2–$3.
There was also a strong build-up in… pic.twitter.com/WCai1oHe4H
— CW (@CW8900) March 28, 2026
The token’s market cap currently sits close to $82 billion. The daily trading volume reached $1.45 billion, maintaining a market dominance of 3.50%. Except for a small dip of 0.62% in the last 24 hours, the entire trajectory is defined by this change in who is buying and at what price.
Analysts are looking at these on-chain metrics to see if whale activity can offset sales pressure from older accounts that are currently cashing out.
Growing Interest in the Exit Market
New long positions are being filled in the derivatives sector. Open interest jumped from $737.72 million to $759.21 million, marking a nearly 3% increase in active contracts. Reports indicate that the financing rate has also improved, from 0.011% to 0.003%. This move reflects a growing crowd of traders who are betting that the price will continue to rise.
However, there is some substance to this threat. Technical indicators such as RSI indicate hidden divergences. When a price correction begins, the local market may not provide enough immediate support to stop the slide. The current price of $1.33 remains the focus of both short-term speculators and whales who are widening their positions.
Monitoring Future Momentum
Anticipation of future price action remains linked to this large price movement. Records show that these big buyers are not dumping their tokens on small retail investors. They hold on to what they buy, which creates a shortage of inventory that can lead to more volatility. Market participants are now focused on whether the overall crypto environment will remain favorable enough to support this high-level rally.
Featured image from Unsplash, Chart from TradingView
