XRP News Today: XRP Whale Launches $11.44M Bullish Bet at $3.30 Surpassing 90-Day Average

A recent analysis of whale activity in the XRP market has highlighted a $11.44 million long position initiated at $3.2979 per token, executed by a wallet with the address prefix 0x2ef7…e6 on July 28, 2025. This trade, labeled as an “Open Long,” signals a bullish bet on XRP’s price appreciation, with the entry price significantly exceeding the asset’s recent average trading range, which has largely remained below $3.29. The transaction was documented in a real-time whale tracking tool and shared by crypto data tracker Radar in a viral social media post [1].

The trade’s timing and price level have sparked debate among market participants. XRP’s 90-day average price is well below $3.29, raising questions about the legitimacy of the data source and execution mechanism. Some analysts suggest the trade could reflect off-market agreements or thin order book conditions, while others speculate it might indicate early positioning ahead of potential market catalysts. Radar’s post emphasized the whale’s “inside scoop,” though no evidence was provided to support claims of insider knowledge [1].

Public reactions to the trade have been mixed. Skeptical users on social media questioned the rationale behind a large long position at such a high price, with one commenter stating, “Perhaps only an idiot with a lot of money,” implying the move might require unique market insights [1]. The transaction is part of broader whale activity tracked across multiple assets, including a $7.87 million Ethereum long position at $3,931.24 recorded shortly before the XRP trade. However, no other positions rival the XRP trade in scale or price deviation [1].

The whale’s actions highlight the growing influence of high-net-worth investors in cryptocurrency markets, though their impact on price trends remains debated. While some view large-scale bullish activity as a precursor to regulatory developments or technological upgrades, critics caution against overinterpreting single events. XRP’s long-term trajectory is often tied to broader market conditions and institutional adoption rather than isolated whale movements [1].

Whale tracking tools continue to shape market analysis, offering granular insights into investor behavior. However, data transparency and methodology remain contentious, particularly in cases where prices deviate from established trends. For XRP, the $11.44 million bet adds a layer of speculation, even as challenges like regulatory scrutiny persist. Investors are advised to treat such activity as one of many indicators rather than definitive forecasts [1].

Source:

[1] [XRP Giant Just Launched a $11.4M Bullish Position at $3.29. Is Something Big Coming?](https://coinmarketcap.com/community/articles/68874b1fccfa7925fe395ca1/)

[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)