Is the XRP Price Heading for a Major Crash? Whale Inflows Hit a 7-Month High

The significant transfer of $112.4 million worth of XRP to Binance represents the largest inflow from large holders in seven months, according to crypto analyst Darkfost. This movement typically precedes potential selling pressure as holders can exchange tokens on platforms like Binance within minutes.

The surge in whale activity comes as XRP has experienced a rebound of more than 30% since August, suggesting that many large holders may be using the price increase to lock in profits. Monthly average inflows have risen by approximately $72 million, with daily spikes occasionally exceeding $400 million.

Selling Pressure Easing

However, recent data indicates that inflows are returning to more normal levels, potentially signaling that the heaviest selling pressure has subsided, at least temporarily. At the time of reporting, XRP trades near $1.33, with a 24-hour range between $1.32 and $1.40, and a market cap of approximately $84 billion.

Technical Analysis Divergence

Technical analysts remain divided on XRP's next move. CryptoBusy notes that XRP is testing a major descending resistance trendline on the four-hour chart, having recently climbed from $1.26 toward $1.40. A confirmed breakout above the $1.38 to $1.40 zone could lead to prices reaching $1.45 and $1.50.

EGRAG Crypto offered a more cautious view, suggesting a possible dip toward $1.18 before a potential push to $1.63 and $1.80. On the other hand, Ali Martiez set an immediate target of $1.55 if key levels hold. The $1.33 level currently serves as the critical threshold between recovery and a deeper pullback.