Long-term XRP investors who held their assets for more than 155 days recently withdrew 8.25 million tokens from their accounts. The move represents a 3.47% decrease in Hodler positions, bringing the total down from 238 million to approximately 230 million tokens.
While these seasoned owners are taking some money off the table, the broader market is seeing a massive influx of capital from a different class of participants.
Big investors set a much higher floor
The data suggests that the largest holders, often called whales, are now buying aggressively XRP At prices ranging from $1.20 to $3. Previously, these same high-net-worth players would concentrate their accumulation in a much lower bracket, specifically between $0.30 and $1.30.
This change in behavior suggests that the biggest players in the space are no longer waiting for deep discounts to build their bunkers. Instead, they indicate a high level of comfort with the current valuation of the asset.
$XRP Whales only accumulate at the bottom before the uptrend begins.
They have been accumulating for more than a year.
That means it $XRP Whales are still preparing for a bull market. Its accumulation zone is $1.2-3.
There was also a strong accumulation of… pic.twitter.com/WCai1oHe4H
– CW (@CW8900) March 28, 2026
The token’s market cap currently stands at approximately $82 billion. The daily trading volume reached $1.45 billion, while maintaining its market dominance of 3.50%. Despite a slight decline of 0.62% over the past 24 hours, the overall trajectory is being determined by this shift in who is buying and at what price.
Analysts are watching these on-chain metrics closely to see if whale activity can offset selling pressure coming from legacy accounts that are currently cashing out.
Increased interest in the financial derivatives market
New long positions are flowing into the derivatives sector. Open interest The value of active contracts jumped from $737.72 million to $759.21 million, representing a nearly 3% increase in active contracts. Reports indicate that the financing rate also improved, moving from -0.011% to -0.003%. This movement reflects a growing crowd of traders who are betting that the price will continue to rise.
However, there is a problem with this excitement. Technical indicators such as the Relative Strength Index (RSI) show hidden divergence. If a price correction begins, the spot market may not provide enough immediate support to stop the slide. The current price of $1.33 remains the focal point for both short-term speculators and investors Whales Who expand their territory.
Monitor future momentum
Expectations of future price movement remain tied to these large-scale movements. Records show that these major buyers are not dumping their tokens on small retail investors. They are holding on to what they buy, creating a supply crunch that could lead to more volatility. Market participants are now focusing on whether the overall cryptocurrency environment will remain favorable enough to sustain this high-level accumulation.
Featured image from Unsplash, chart from TradingView
