XRP whale inflows have dropped to a two-month low, a sign that large holders are pulling back from selling. The cryptocurrency now sits near a key price level at $1.18, and traders are increasingly bullish as supply from whales shrinks.
What the data shows
Data from on-chain analytics shows whale inflows — the amount of XRP moving into exchange wallets from addresses holding large amounts — have fallen to their lowest point in two months. That suggests big players are less inclined to sell right now, easing the downward pressure that often comes when whales dump coins onto exchanges.
The drop in inflows doesn't guarantee a price rally, but it does remove one source of selling. When whales hold, the market has fewer coins to absorb, which can help support prices or even push them higher if demand stays steady.
The $1.18 level
Analysts are watching the $1.18 mark closely. That price has acted as both support and resistance in recent weeks, making it a key battleground for bulls and bears. If XRP can hold above that level, it could signal strength. A break below might invite more selling, but the reduced whale activity could soften any drop.
The level isn't arbitrary — it's been tested multiple times in the past month, and traders are treating it as a line in the sand.
Bullish sentiment on the rise
With whale inflows declining, sentiment among XRP traders has turned more positive. Less selling from big holders often encourages smaller investors to step in, and the mood on social media and trading forums reflects that shift. Some traders are betting on a move higher, though the broader crypto market remains volatile.
The next few days will be crucial as XRP tests the $1.18 level. If it holds, further gains could follow. If not, the reduced whale selling might still provide a floor — but nothing is guaranteed in crypto.
