XRP edges higher as whale activity rises while retail traders stay cautious

XRP edged higher on Thursday as on-chain data revealed a divergence between whale accumulation and cautious retail positioning, with the token trading near $1.05 after a sharp intraday volume spike.

The XRP Ledger recorded 4,941 new wallet creations in a single day, the strongest daily growth in more than three months, according to on-chain data. Meanwhile, CryptoQuant's All CEX Whale vs Retail Spread stood at 50.9%, with Binance's measure at 44.6%, indicating that large holders were actively accumulating while retail participation remained subdued. This divergence suggests that whales are betting on a potential upside, while retail traders are waiting for clearer signals before committing capital.

For cryptocurrency traders, such whale activity can be a leading indicator of price direction. Historically, sustained whale accumulation during periods of retail caution has preceded significant breakouts. Traders can monitor XRP's price action and whale metrics in real time on NowPrice's live crypto dashboard to identify potential entry or exit points. The key level to watch is $1.10; a break above that could trigger further buying, while failure to hold support near $1 may lead to a retest of lower levels. The coming days will be crucial as the market digests this accumulation phase.