XRP News Today: XRP Whale's $11.44M Long Position at 3.2979 Sparks Price Movement Speculation

A major XRP whale has initiated a $11.44 million long position at $3.2979, sparking market speculation about potential price movements, according to a July 28, 2025, post by crypto analyst Radar [1]. The trade, executed at 06:37 UTC, was flagged by a "Latest Whale Activity" monitoring tool and highlights the wallet’s "Open Long" strategy, signaling a belief in XRP’s upward trajectory. The entry price, however, exceeds recent average XRP levels, which have consistently traded below $3.29 for an extended period. This discrepancy has raised questions about the accuracy of the price feed and the trade’s execution environment, with observers debating whether the $3.2979 figure reflects derivative platforms, thin order books, or off-market agreements [1].

The whale’s move stands out among other high-value positions tracked in the data, including a $7.87 million Ethereum long at $3,931.24. While these transactions suggest a broader bullish outlook, the XRP trade’s anomaly in pricing remains a focal point for analysts. Radar’s accompanying alert—“WHAT’S HIS INSIDE SCOOP??”—has fueled speculation that the whale might be acting on non-public information or anticipating a market catalyst. However, no evidence supports claims of insider knowledge, and the trade’s legitimacy remains unverified [1].

Public reactions on X have ranged from skepticism to intrigue. One user, tschando, dismissed the trade as irrational unless the whale possessed exclusive insights, while others remain cautious about interpreting whale activity as a definitive market signal. Critics emphasize that large positions do not guarantee price direction and highlight the need for additional context, such as regulatory developments or macroeconomic trends, which are absent from the data [1].

The transaction’s broader implications remain uncertain. If the $3.2979 price is confirmed as accurate, the trade could represent either a unique opportunity or early positioning ahead of a potential shift in sentiment. However, the prolonged period during which XRP has traded below this level underscores the challenges of validating the price’s authenticity. Analysts caution that whale actions, while noteworthy, are part of a complex market influenced by multiple variables [1].

Source: [1] [XRP Giant Just Launched a $11.4M Bullish Position at $3.29. Is Something Big Coming?](https://timestabloid.com/xrp-giant-just-launched-a-11-4m-bullish-position-at-3-29-is-something-big-coming/)

[2] [ALERT: XRP GIANT JUST LAUNCHED A $11.4M BULLISH POSITION AT $3.29. WHAT'S HIS INSIDE SCOOP??](https://x.com/QQQQSSP/status/1949722242146828662)