XRP Whales Dump 60M Tokens as a Liquidity Sweep Toward $1 Before the Next Big Move Emerges

Add ZyCrypto News On GoogleAnalyst Ali Martinez, citing Santiment Intelligence data, notes that about 60 million XRP have been moved or redistributed by whale wallets over the past week. Source: Ali Martinez While this kind of activity often triggers retail anxiety, it doesn’t automatically signal outright selling pressure; it reflects large holders repositioning, shifting assets between exchanges, custody solutions, or longer-term storage as market conditions change. On the price action front, XRP finds itself in a dilemma, trading at $1.08, just above a key psychological level that tends to attract liquidity in both directions. Market analyst Arthur argues that this area may not hold cleanly and instead expects a liquidity sweep toward $1.00, potentially dipping slightly lower, thereby eliminating over-leveraged positions before any meaningful upside continuation can take shape. Source: Arthur Through XRP’s Technical Lens From a technical standpoint, XRP recently broke above a long-standing descending trendline, an early signal that bearish pressure may be easing. Nevertheless, confirmation is lacking, and the market needs to establish higher lows and defend support on any retests. On the macro side, attention is gradually shifting toward upcoming regulatory developments touching on the CLARITY Act framework. Arthur believes that clearer classification rules for digital assets in the U.S. could reshape XRP’s long-term valuation narrative and reduce a major source of uncertainty weighing on the leading altcoin. On the other side of the coin, XRP’s fear, uncertainty & doubt (FUD) recently jumped to a 3-week high, levels that historically tend to cluster near short-term market lows. Will this pattern repeat? It all depends on how XRP behaves if it revisits the $1.00 liquidity zone, and whether buyers show up decisively when it does.