Recent data on whale activities in XRP show how their behavior correlates with price changes in the cryptocurrency. Special attention is given to the period from August 2024 to May 2025, during which significant fluctuations in whale flows were observed.
Whale Accumulation Precedes Major Rally
Data examined the period from August 2024 when whale flows were deeply negative, reaching -150 million XRP. During this time, the price of XRP remained around $0.5. September and October saw a sharp rise in whale flows coinciding with a significant price increase, climbing from $0.5 to over $3.0 by the end of 2024.
Distribution Phase Leads to Price Decline
After the peak whale activity in December 2024, there was a significant decline in flows back into negative territory. This drop coincided with XRP's maximum price of $3.39. The decrease in whale flows indicated that large holders were likely distributing their holdings, which, in turn, resulted in a price decline to levels between $2 and $2.5.
Renewed Accumulation Signals Possible Repeat
In May and June 2025, whale flows turned positive again, reaching +300 million XRP while the price remained stable around $2. The structure of this accumulation appears similar to that observed in late 2024, indicating the potential for a repeat rally if conditions prove favorable.
Data on whale flows shows a clear relationship with XRP price fluctuations. Future forecasts depend on the behavior of large holders, which may lead to new changes in price dynamics within the cryptocurrency market.