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XRP Whales Hoard Over 880 Million Tokens in Previous Month

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  • XRP whales have amassed more than 880 million tokens in the last month, showing strong confidence in the market’s price going forward.
  • Having resisted price volatility, large holders have continued to purchase XRP at steady rates, thereby increasing the total whale-held supply to 7.75 billion.
  • Technical indicators such as RSI and MACD now indicate that momentum is building and that XRP is trending bullishly.

Whales have deposited more than 880 million XRP coins into their wallets in the past month as a sign of increased confidence in the digital asset’s future. Such whales are usually wallets containing between 10 million and 100 million XRP, and buying such large amounts is usually a sign that they are expecting a positive price movement later on.

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Source: X @ali_charts

Ali (@ali_charts) posted on X and shared a chart from Santiment, a blockchain analytics platform, indicating a steady growth in whale holdings since early April 2025. From this pattern, it is clear that these large holders have been buying the Ripple-linked cryptocurrency consistently over the past few weeks.

XRP Price Rebounds after Whales Snap Up Its Positions

Two key trends are reflected in the chart that Ali posted and they are the quantity of XRP held by these massive wallets and the price of this coin within the same timeframe. Even though the crypto asset’s price has fluctuated during this period, the rate at which whale accumulation was gaining speed did not slow down. 

As shown by the chart, the coin’s price was around $2.21 as of May 8, having gained from recent dips in the month. It is also important to mention that the total value held by whale wallets approached 7.75 billion XRP at that moment.

Whale Moves Conform to Bullish Signals from Chart

On the TradingView chart, XRP has been trying to steady itself after a shaky period over the last couple of months. In recent days, the price was hovering between $2.10 and $2.25 and bounced clearly from the $2.13 level.

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Source: TradingView

The RSI, a tool that can be used to determine if a coin is overbought or oversold, is showing an uptick, and has moved from under 40 to above 58. This reflects that momentum is building, which may indicate a shift to more buying pressure.

Meanwhile, the MACD (Moving Average Convergence Divergence), is nearing a possible bullish crossover, and this may provide more legitimacy to the idea that XRP may be ready to start a new price rally.

Will Filecoin Bounce? Key Indicator Points to Yes

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  • Filecoin appears to be on the move toward a key support level, which could signal the potential for a price increase if buying pressure picks up.
  • There has also been a TD Sequential “13” indication, which signals that sellers are exhausted and a reversal could occur.
  • Some investors believe that there will likely be a short-term rising trend but are waiting for stronger bullish momentum to confirm this. 

In a recent post on X (formerly Twitter), crypto analyst Ali (@ali_charts) drew the attention of many Filecoin (FIL) traders and investors. In the post, Ali explains that Filecoin is sitting on the lower side of a trading channel, a strategic price point that functions as support and has the potential to soar upwards if buying activity increases.

What captured the attention of most readers was that alongside Ali’s analysis, a TD Sequential indicator, which is popular for anticipating a trend reversal, also appeared. Many consider this to be a confirming signal of an upcoming minor uptrend.

TD Sequential Indicator Provides Optimistic Outlook

In the TradingView screenshot shared in the post and from the candlestick pattern, we can see the price moving downwards almost to the $2.64 region, which is bounded by a thick black support line. The price touched this level and showed signs of holding above it, which suggests that buyers are starting to help defend this support barrier. 

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Source: X @ali_charts

Another supporting clue is that TD Sequential shows a “buy” signal. This sequential indicator suggests a bullish outlook when it shows “13.” This is because the  indicator typically flashes a “13” after a sequence of candles that suggest exhaustion in an ongoing trend; in this case, the indicator is invoking sentiments that bearish movements might be tapering.

Buyers Reaction Would Control Filecoin’s Possible Rise

According to the overall chart structure, it appears that Filecoin has been ranging, as the price is currently at the lower boundary. It is on the verge of testing this very boundary, which has previously acted as a major bounce point, such as in late April. 

If the trend does repeat and sellers respond to the signal, it would allow Filecoin to surpass expectations and achieve short-term targets. Of course, the market must remain cautious, as additional confirmation is required, such as an increase in volume or a series of green candles that drive the price back to mid-range or upper-channel levels. 

Related Reading | From $2 to $20? XRP’s Historic Moves Hint at Massive Upside