The post XRP whale behavior signals confidence despite first Spot ETF outflows – Details appeared on BitcoinEthereumNews.com.

The sentiment behind XRP has been strongly positive recently. This was partly down to the strong gains XRP made to get January off to a good start. In fact, so far this month, the altcoin has rallied by 14.5%. Since Tuesday, 06 January, there has been a sizeable retracement though as Bitcoin [BTC] faced a rejection at the local resistance at $94.5k. According to Santiment, there was a surge of positive sentiment during the recent retracement. Source: Santiment This was spurred by retail traders’ attempts to “buy the dip” as the price approached the $2-psychological support. The positive sentiment shift was contrasted by the $17.7 million outflows from the XRP Spot ETF- The first ever outflows. Whale accumulation and profit-taking activity trends give XRP bulls hope Source: Santiment The supply distribution trends among small and large XRP holders revealed a trend of accumulation, especially among the whale cohorts. The supply in retail holders’ wallets has been increasing, but these wallets don’t move the markets. From September to late October-early November, wallets with over 100k XRP were falling in number. Among some cohorts, such as the 1 million- 100 million (brown and yellow), the drop was pronounced in these months. Since mid-November, all the whale cohorts except one (the 1 million- 10 million XRP holding wallets) have been accumulating. Source: Glassnode That was not all. Whale accumulation has accompanied a distinct lack of profit-taking activity as well. The Coin Days Destroyed metric captured the movement of XRP, with the same being previously dormant. A hike in CDD means a high volume of coins in storage for the long term has been moved – Signifying a sell-off. The most recent CDD spike came on 10 December, while the latest rally did not quite spur any sizeable profit-taking. Source: CryptoQuant The spot taker…

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Filed under: News - @ January 10, 2026 5:22 pm