February 12 News, XRP experienced a large on-chain movement in a short period, attracting significant market attention. Over the past two days, approximately 229 million XRP have been transferred between multiple unknown addresses. On February 10, Whale Alert detected 125 million XRP (about $177 million) moved from one unknown wallet to another; the next day, another 104.8 million XRP (about $147 million) was transferred, involving a major address ranked within the top 60. Such a scale of transfer is more indicative of institutional or whale position adjustments rather than retail investor activity.
These funds have not yet flowed into any known platforms, so it is currently unclear whether they represent selling pressure. Some analyses suggest this could be related to cold storage rotation or OTC trading activities, with the ultimate destination remaining a key variable.
On-chain data also shows unusual signs. CryptoQuant pointed out that even though XRP has fallen about 50% from its July high, large orders remain active and are more concentrated at lower prices. The average order size remains high, implying that funds are absorbing chips at lower levels, which is more characteristic of phased accumulation.
From a technical perspective, XRP experienced a bullish MACD crossover in early February and quickly surged about 37%, then entered a flag consolidation zone. On February 11, while the price oscillated within the bull flag pattern, the MACD turned bearish, intensifying short-term bullish-bearish divergence. The key support level is currently around $1.30 to $1.32. If this zone confirms a rebound, there is still potential for approximately 37% upside, targeting near $1.81.
Meanwhile, the RSI has entered oversold territory, indicating selling pressure may be weakening. However, if the price breaks below the support zone, the bullish structure will be invalidated, and the price could retest around $1.10. Volume changes will be an important signal to confirm the subsequent direction.
Against the backdrop of whale fund flows and technical pattern battles, XRP’s short-term volatility is expected to remain high, as the market awaits a clearer directional signal.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
GraniteShares Launches 3x Leveraged XRP ETF on April 23
GraniteShares plans to launch 3x leveraged XRP ETFs on April 23, 2026, offering investors exposure to XRP without direct ownership. The products will amplify daily price movements, enabling both long and short positions. This introduction aims to increase trading volume and market participation, building on existing demand for leveraged crypto derivatives. Market dynamics will be closely monitored post-launch.
CryptoFrontier41m ago
Crypto Expert Claims Altseason Peak Is Just Starting, XRP Could Lead With Explosive Gains
Crypto expert claims altseason peak is just starting.
The price of XRP could lead with explosive gains soon.
Several altcoin assets are showing steady bullish signals.
The crypto market has seen very slow growth in altcoin prices this bull cycle. While the price of Bitcoin (BTC), the
CryptoNewsLand52m ago
Ripple Altcoin Gains Attention as XRP Supertrend Indicator Flips Bullish for First Time Since January
Ripple altcoin gains attention as XRP supertrend indicator flips bullish.
This is the first time it did so since January 2026.
Can the price of XRP surge and hit new ATH prices this year?
Even after all the excitement of a bull market and the disappointment of the bear market, some
CryptoNewsLand2h ago
Solana Now Supports WXRP, Enabling XRP Holders to Access Solana DeFi
Solana introduced WXRP, a bridged token equal to XRP, on April 18. Issued by Hex Trust and supported by LayerZero, WXRP allows XRP holders to engage in Solana's DeFi ecosystem while retaining their original assets. It is backed 1:1 by XRP and can be redeemed anytime.
GateNews5h ago
XRP ETFs Hit $1.5B Inflows After SEC Clarity Unlocks Demand
XRP ETFs attracted $1.5B in inflows without early outflows, driven by strong institutional demand following SEC clarity. New regulations sped up approvals, leading to increased institutional holdings as network activity and XRP adoption rose significantly.
CryptoFrontNews13h ago
XRP Price Clears $1.40 While Broader Downtrend Persists
XRP's recent rise above $1.40 indicates a shift in market behavior after a consolidation phase. While momentum indicators show improvement, the broader bearish trend persists, limiting upside potential. Sustained support is crucial for extending its recovery.
CryptoNewsLand16h ago
