Someone purchased more than $35 million worth of XRP using automated trading as the price dropped 17.5% from its peak in March. There was significant disagreement among large XRP holders about the future of the cryptocurrency at the time.
An unidentified entity loaded over $35 million in XRP in under an hour. Price kept falling anyway.
XRP’s price decreased over several days. It fell 3.83% on March 26th and another 2.6% the following day. Overall, the price has dropped from $1.60 on March 17th to $1.32, a loss of 17.5% in less than two weeks.
156 Trades. One Buyer. No Name.
TraderView2 on X reported that a buyer made 156 separate purchases of 10,000 XRP each on Coinbase. These purchases happened consistently – every 18.5 seconds over 48 minutes – totaling $23.4 million. The buying pattern appeared automated and wasn’t characteristic of a human trader.
“This isn’t something you see often,” TraderView2 wrote on X.
Someone quickly raised over $35 million in under an hour, and it appears they needed the funds urgently.
It happened mainly on Coinbase, but Bitstamp and Kraken followed along
– 156 identical buys of 10,000 XRP each– Fired like clockwork every 18.5 seconds for 48 minutes-…
— Dom (@traderview2)
Source:traderview2
Buying activity expanded from Coinbase to include Bitstamp and Kraken. Throughout the day, the Cumulative Volume Delta indicator showed a significant increase on all three exchanges.
CVD Spiked. Price Didn’t.
According to TheCryptoBasic’s post on X, significant buying pressure is building for XRP on major exchanges. Coinbase saw over 15 million XRP bought, Kraken over 8.5 million, and Bitstamp over 8 million. Despite this strong demand, market makers maintained a stable supply, effectively absorbing the buying pressure and preventing the price from rising noticeably. This accumulation of XRP has been happening without leaving a clear pattern on the price chart.
We’re seeing a pattern where strong buying interest is met with consistent selling. This is reflected in data showing decreasing XRP holdings on Binance, even though the price isn’t increasing. When reserves fall while the price stays low, it usually suggests investors are holding onto XRP for the long term, rather than just making quick trades.
Whale Sentiment Remains Split
Not all major XRP investors are buying right now. The market is seeing activity from both buyers and sellers. While some are steadily buying XRP at lower prices, others are moving large amounts of their tokens to exchanges, which often suggests they plan to sell.
This unusual buyer isn’t acting like a typical large investor. Their trades are happening with a consistent pattern – the same amount, at regular intervals, for almost an hour – which suggests they’re either a large institution or using a pre-set automated system. So far, no one has been able to identify who is behind these trades.
XRP’s technical outlook is still uncertain. While recent analysis of its price chart suggests it might be nearing a low point, it hasn’t confirmed that a bottom has been reached. Selling pressure continues to persist at the current price.
The $35 million investment clearly shows someone with significant funds believes there’s potential here. However, whether that belief will prove correct remains to be seen.
This analysis uses information from the blockchain and social media, but it’s not financial advice. The price predictions represent the author’s understanding of the data.
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2026-03-29 06:52