8.25M XRP Leave Long-Term Holder Wallets as Whales Accumulate in the $1.20–$3 Range

Long-term XRP holders—investors who have kept tokens for more than 155 days—recently moved 8.25 million XRP out of their accounts. The shift marks a 3.47% decline in so-called "Hodler" balances, with the total falling from 238 million to roughly 230 million tokens. As older wallets take some profits, on-chain data points to heavy buying from the market's largest players. Whale addresses are now accumulating XRP at prices between $1.20 and $3, a notable change from their prior buying focus of $0.30 to $1.30. The repositioning suggests high-net-worth buyers are increasingly comfortable building exposure at current valuations rather than waiting for deep pullbacks. XRP's market capitalization is hovering near $82 billion. Daily trading volume stands at $1.45 billion, and the token's market dominance is about 3.50%. XRP slipped 0.62% over the past 24 hours, but market attention remains on the shift in who is buying—and at what levels—as analysts assess whether whale demand can absorb selling from aging holdings. Derivatives activity is also picking up. Open interest rose from $737.72 million to $759.21 million, an increase of nearly 3% in outstanding contracts. Funding-rate data was cited as improving as well, moving from 0.011% to 0.003%, reflecting growing participation from traders positioning for further upside. Even so, some technical signals are flashing caution. Indicators such as the RSI are described as showing a hidden divergence, raising the risk that a pullback could develop, particularly if spot-market demand fails to provide quick support. XRP's current price around $1.33 remains a key level for both short-term traders and whales continuing to expand positions. Looking ahead, momentum expectations are closely tied to these large-scale flows. Data suggests major buyers are holding what they accumulate rather than distributing to retail, potentially tightening available supply and amplifying volatility. Traders are watching whether broader crypto market conditions remain supportive enough to sustain this elevated accumulation. Source notes: Social post dated March 28, 2026; featured image credited to Unsplash; chart referenced from TradingView.