- Massive $500M XRP transfer fails to budge price, casting doubt over market liquidity and trading volume authenticity.
- More short liquidations in February and May suggest bullish pressure, but the market remains weak and highly reactive.
- XRP is ranging tightly, with good support at $2.34 and resistance at $2.42, even with whale activity and liquidation peaks.
A single XRP transaction worth over half a billion dollars has failed to produce any meaningful movement in the token’s price, causing unease across the XRP trading community. Even with this significant trade, the market did not react in any major way with charts showing no visible price spike or unusual wick activity.
With prices being stable for so long, concerns have risen about how liquidity is affected in the XRP markets. There is now a belief among some market participants that the current trading volume reveals liquidity issues rather than simply matching supply and demand.
XRP Unmoved by $500M Whale Splash
Following the $500M transaction, XRP’s price remained stable, showing no significant upward momentum. This quiet response has sparked doubt among traders with some questioning whether the move was truly organic, while others suggest it could be pointing to deeper issues within the market’s structure.
At press time, XRP was trading at $2.40 with a slight surge of 2.3%. XRP traded within a tight 24-hour range, between $2.34 and $2.42, despite the whale acquisition. There was strong support at $2.34, as well as solid resistance at $2.42.
XRP Liquidations: A Battle Between Momentum and Market Fragility
The XRP Total Liquidations Chart reveals significant insights into the market behavior and trader sentiment where XRP experienced significant liquidation activity over the six-month period ending mid-May 2025.
Between November 24, 2024, and May 15, 2025, XRP’s price oscillated between approximately $1.20 and $3.20. This price volatility mirrored liquidation patterns, where long and short positions saw sharp spikes, particularly during December 2024 and March 2025.
Conversely, long positions faced their largest losses in early February and early March 2025, suggesting abrupt price drops during those periods.
Source: Coinglass
Following a dip in March 2025, the price has stabilized above $2.00, hinting at cautious optimism among market participants. Thus, the price consolidation above $2.30 in May 2025, accompanied by relatively low liquidation volumes, may indicate the market is entering a phase of reduced speculative activity and increased accumulation.
Is XRP’s Stability a Strength or a Signal?
Although XRP received a large $500M transfer and witnessed rising liquidation rates, its price is barely changing which has led many to question how real the market activity was. Traders should remain cautious, watching closely for signs of real momentum or structural issues ahead.
