XRP Slides to $2.29 — Are Whales Quietly Loading Up for the Next Big Move?

Ripple’s XRP has buckled under broader crypto volatility, sliding 12% from early November highs near $2.65 to $2.29, as Bitcoin and Ethereum corrections trigger widespread profit-taking. Yet, beneath the surface, on-chain signals flash green: Select whales are stacking up, positioning for what could be a explosive rally in the coming weeks.

This pullback—echoing a 15% monthly retreat—stems from macro headwinds like Fed policy uncertainty and ETF delays, but XRP’s structure holds firm above pivotal supports. November’s historical strength, boasting +88% average gains, adds fuel to bullish bets, provided key levels don’t crumble.

Whale Plays: Smart Money Bets Big on Dips
Santiment data spotlights mid-tier whales (100M-1B XRP) hoarding 1.27 billion tokens—$3.15 billion worth—since late October, offsetting retail sell-offs. CryptoQuant’s Whale Flow 30-DMA flipped positive after four months, a classic precursor to uptrends, while exchange outflows surged $268 million, signaling self-custody shifts. “Smart money’s concentration in whale wallets screams positioning for the next leg up,” affirms a Santiment analyst. Despite a recent 900K XRP dump by larger holders, net accumulation trends bullish, per on-chain trackers.

Technicals: Oversold Setup Eyes Bounce
RSI at 43 teeters near oversold, with MACD’s bearish crossover flattening—hints of reversal. Supports anchor at $2.25, $2.15, and $2.00; resistances cluster at $2.50, $2.65, and $2.80. A $2.25 hold could catapult XRP to $2.50–$2.65; a slip below $2.15 risks $2.00 tests.

Broader Catalysts: ETFs and Flows in Focus
Eyes on Franklin Templeton’s XRP ETF review extension to November, plus RLUSD stablecoin pilots boosting institutional appetite. Regulatory tailwinds post-SEC clarity could unlock billions, amplifying whale bets.

This $2.29 trough smells like accumulation, not capitulation. For “XRP whale activity November 2025” seekers, on-chain fortitude trumps short-term noise—poised for a surprise surge if supports endure.