XRP Whale Activity Spikes 280 Percent as Price Tests Support

XRP is currently trading near 99 cents after slipping just below the important 1 dollar support level. While the coin has struggled as one of the weakest major assets over the last week, market observers are keeping a close eye on a sudden shift in behavior from large holders.

Data shows that whale activity surged by 280 percent over the past 24 hours. This massive jump in volume suggests that big investors are actively reentering the market following a period of heavy selling pressure. High volume from institutional players often signals that the current price area is attracting significant interest.

Whether this surge in activity can push XRP back above the 1 dollar mark remains the main question for traders. If the current buying pressure continues, it could provide the momentum needed to recover recent losses. Watch the 1 dollar level closely to see if the asset can reclaim its position or if the selling pressure will hold.