XRP price rebounded toward $3 despite $160M in recent whale sales; steady wallet growth, balanced funding rates near 0.0100%, and renewed retail momentum point to a potential XRP $3 breakout over coming weeks.
-
Whales sold ~$160M while price recovered from $2.18 to near $3, showing mixed supply-demand dynamics.
-
Wallets holding 1M–10M XRP increased distribution from 6.31B to 6.72B over three months.
-
Funding rates cooled from 0.0520% peaks to ~0.0100%, indicating reduced leverage and steadier sentiment.
XRP price rebounds despite $160M whale sales; wallets and funding rates signal strength. Read how market structure points to a potential $3 breakout.
XRP rebounds despite $160M whale sales as wallet growth, balanced funding rates, and bullish momentum push it closer to $3.
Published: 2025-09-16 | Updated: 2025-09-16 | Author/Organization: COINOTAG
What caused XRP’s rebound toward $3 despite $160M whale sales?
XRP price bounced back as retail buying and steady wallet accumulation offset large-scale whale selling. Distribution among 1M–10M XRP holders rose while funding rates cooled, creating a technical and on-chain backdrop that supported a recovery toward the $3 resistance.
How much did whales sell and who reported it?
Whales moved roughly $160 million in XRP over two weeks, a figure reported by analyst Ali on September 15. The sales were concentrated ahead of and during a corrective phase, but on-chain distribution data shows continued accumulation by mid-size holders, which limited downside pressure.
How has wallet distribution changed and why does it matter?
Wallets holding between 1M and 10M XRP expanded holdings, pushing distribution from 6.31B to 6.72B over three months. This growth shows active mid-tier accumulation, which can stabilize price by increasing on-chain demand beneath headline whale flows.
Mid-size accumulation often precedes durable recoveries because these holders are less likely to trigger flash sell-offs compared with short-term leveraged traders.
What do funding rates tell us about derivatives market sentiment?
Funding rates spiked to roughly 0.0520% during July tops and briefly turned negative in late June, reflecting short pressure. Current funding near 0.0100% suggests a more balanced market with reduced forced liquidations and lower leverage risk.
Lower funding rates reduce forced deleveraging risk and support cleaner price action as spot demand reasserts itself.
When did XRP price make its largest moves this summer?
From June 14 to September 15, XRP surged from $2.18 to $3.50 in early July, then retraced to as low as $2.18 during August. The pattern shows a sharp cyclical swing followed by a September recovery that erased a sizable portion of the drawdown.
Frequently Asked Questions
Is the $160M whale sale likely to stop XRP’s rally?
Short answer: Not necessarily. While large sales increase supply, continued mid-size wallet accumulation and lower funding rates can offset selling pressure and support a renewed rally toward $3.
How can traders use funding rates and wallet distribution to assess XRP risk?
Traders should watch cooling funding rates as a sign of reduced leverage risk and track distribution among 1M–10M wallets for evidence of sustained buying that can act as support in corrections.
Key Takeaways
- Whale sales were large: ~$160M moved, creating short-term supply pressure.
- Wallet growth supports price: 1M–10M XRP holders increased distribution from 6.31B to 6.72B.
- Funding rates cooled: Rates near 0.0100% indicate balanced derivatives sentiment and lower liquidation risk.
Conclusion
Despite $160M in whale sales, XRP price showed resilience as mid-size wallet accumulation and calmer funding rates helped power a recovery toward $3. Traders should monitor on-chain distribution, funding rates, and resistance at $3 for evidence of a sustainable breakout. For ongoing coverage, follow COINOTAG updates and on-chain metrics.
