1.1 billion XRP transferred… XRP faces growing bearish signals ahead of $1.40

From on-chain data, the movements of Ripple (XRP) whales are unusually noteworthy. Cryptocurrency analyst Ali Martinez pointed out that over the past week, 1.1 billion XRP have been transferred from whale accounts, and the holdings of large wallets are rapidly decreasing.

Martinez posted a Santiment chart on the X platform and explained that whale holdings have dropped from about 8.84 billion XRP to approximately 7.66 billion XRP. This decline was most significant on April 21, after which the trend slowed down. However, it’s difficult to determine solely from on-chain data whether this is purely a sell-off or a dispersed transfer to other wallets.

The issue lies in timing. According to CoinGecko, Ripple (XRP) has fallen about 3.7% over the past 7 days. In a weak price zone, the reduction in whale holdings is likely to trigger more sensitive market reactions. If the distribution behavior of large holders evolves into actual selling pressure, short-term volatility could further intensify.

Currently, Ripple (XRP) is trading near $1.37, still below the $1.40 resistance level that some analysts see as a potential turning point. However, the April monthly candle could still close higher, which would be the first “bullish” monthly candle since September 2025, a significant milestone. This could be interpreted as a sign that the long-term downtrend is slowing.

Ultimately, this transfer of 1.1 billion XRP is more like a warning signal for the Ripple (XRP) market. However, if whale balances stop decreasing, the price holds around $1.37, and the monthly candle closes strongly higher, this movement could be characterized as a temporary “distribution.”

Article summary by TokenPost.ai

🔎 Market Interpretation
Approximately 1.1 billion XRP transferred from whale wallets in the past week, indicating a weakening influence of large holders
Whale holdings decreased from 8.8 billion XRP to 7.6 billion XRP, which could be a negative short-term market sentiment signal
The transfer occurred in a weak price zone, with potential for increased sell pressure

💡 Strategy Highlights
Maintaining support at $1.37 is a key variable for short-term direction
If the $1.40 resistance is not broken, watch for further downward movement and increased volatility
Continue monitoring on-chain data to confirm whether whale holdings have stopped decreasing
A bullish monthly close could signal a slowdown in the long-term downtrend

📘 Terminology Explanation
Whale: Large investors holding significant amounts of a cryptocurrency in the market
On-chain data: Data analyzing transactions and wallet flows on the blockchain
Distribution: The behavior of large holders selling or dispersing assets into the market

💡 Frequently Asked Questions (FAQ)

Q. Why is the transfer of XRP whales important? Whales hold large positions in the market; their selling or transfer behavior can significantly impact price volatility. A reduction in holdings may be interpreted as a sell pressure signal, a key indicator investors closely watch.
Q. Should the transfer of 1.1 billion XRP all be considered as selling? Not necessarily. On-chain data only shows the transfer fact; it cannot determine whether it’s actual selling or simple wallet transfers. Additional confirmation from exchange inflows and other data is needed for an accurate judgment.
Q. What key price levels should be watched at the current XRP price? The support near $1.37 and the resistance at $1.40 are critical zones. The direction of price breakouts or deviations from this range will likely determine the short-term trend.

TP AI Notes
This article summary is generated based on the TokenPost.ai language model. Key content may be missing or inconsistent with actual facts.