More than $ 700 million in XRP was transferred in April, what reaches encryption whales? – Tradingvief news

XRP publishes newspaper headlines this month with the high whale activity over the network. In a sudden development, reports indicate that XRP whales have thrown more than $ 700 million of distinctive symbols in April. This sudden shift in the behavior of the whale raises the issue of really up to these great players.

XRP Whales Formawad 370 million icons in April

On April 15, a prominent encryption analyst Ali Martinez told X (previously Twitter) that XRP whales began to throw popular cryptocurrencies in large sizes. After a period of accumulation of the large symbol, these investors have widened more than 370 million XRP since the beginning of April.

It is worth noting that this huge whale sale process reaches more than 700 million dollars, which leads to a wave of speculation about the intentions behind this step. More importantly, XRP dumps seem to be in line with modern price fluctuations, as whales tend to significantly affect market dynamics, especially during retreat.

The Santiment scheme presented by Martinez reveals a clear direction, from 3 to 14 April, 2025, that the XRP governor, which includes between 100 million to 1 billion, has greatly reduced its holdings. As this whale advanced widely, the price of XRP decreased to its lowest levels on April 8 and then began a fixed climb, reaching $ 2.1 at the time of this report.

While the reason behind such exits on a large scale is not clear, there are some reasonable explanations. Whales may benefit from the previous price gains to lock profits, while the market conditions of the XRP market remain relatively stable. These investors can also respond to the growing market fluctuations, leading them to convert their property into alternative assets to hedge from risks and protecting losses.

Another possibility is that these big players sell symbols between the governor or transfer them to exchanges in anticipation of an important event – perhaps the final legal decision between Ripple and the United Stats Securities and Exchange (SEC). In less optimistic scenarios, the activity of the coordinated whale, which tends to influence prices, may be an indication of the manipulation of the market, and often aims to achieve strategic gains.

Although it is certain whether the above motives lead the modern whale dumps, there is one clear one: XRP movements on a large scale always calling for close attention. With XRP now hovering about $ 2, the market is waiting to know how these sales affect the future price of the encrypted currency.

Update for the latest XRP price procedures

According to the Andrew Griffiths encryption analyst, the current XRP prices analysis indicates a significantly upward trend. This momentum appeared after the encoded currency excelled over two levels of the main resistance and created a strong level of support, indicating a potential upward movement.

As a result, the analyst expects that XRP can record a huge gain for more than 20 % in the coming weeks. With the current symbol currently trading at $ 2.10, an increase of 20 % will bring it to about $ 2.589. Based on the upward path within the emerging channel that was seen on the price scheme, the analyst expects that XRP can reach $ 3.3.