XRP Surges 28% to $2.14 as Whales Buy 4.22M Units

On April 14, 2025, the price of XRP was trading at $2.14 per unit, with a market capitalization of $125 billion. This price point represented a significant recovery for XRP, which had previously plummeted to a weekly low of $1.657 during a midweek correction. The cryptocurrency's ability to reclaim the $2 price level indicated a strong bullish sentiment among investors, who saw this as a potential turning point for the digital asset.

The tight trading range that XRP had been experiencing suggested that a significant price movement was imminent. Analysts predicted that the cryptocurrency was poised for a substantial breakout. This optimism was further bolstered by the fact that XRP had found strong support at the $2.14 level, which had become a key demand zone for buyers. The current price action showed clear signs of a bullish reversal, as the cryptocurrency bounced strongly from this support level.

This bullish momentum was further reinforced by the fact that whales, or large investors, were loading up on XRP, with a net inflow of 4.22 million XRP recorded. This influx of capital from institutional investors was seen as a positive sign for the cryptocurrency's future prospects, as it indicated that major players in the market were confident in XRP's potential for growth.

Overall, the current price action and market dynamics suggested that XRP was on the cusp of a significant price movement, with the potential for a substantial breakout to the upside. The strong support at the $2.14 level and the influx of capital from institutional investors indicated that XRP was well-positioned for a bullish run. The tight trading range that XRP had been experiencing further suggested that a significant price movement was imminent, with analysts predicting a substantial breakout.