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Summary ⚈ XRP whales bought around 900 million tokens in April, signaling possible bullish sentiment. ⚈ The SEC delayed its XRP ETF decision, and short positions recently surged. ⚈ Despite bullish buys, whale activity slowed, and a $68.7M transfer hints at selling. XRP whales seems to have retained a bullish outlook, despite some of the token’s recent challenges It appears that large accounts — those holding more than 10,000,000 tokens, have purchased approximately 900 million XRP over the past month, noted cryptocurrency technical analyst Ali Martinez, who shared his findings in a May 2 X post. Whales bought around 900 million $XRP over the past month! pic.twitter.com/k3UyFMkJLq — Ali (@ali_charts) May 2, 2025 This bullish signal is a rare sight in an otherwise bearish week. The cryptocurrency’s long-awaited retest of the $2.30 price point that occurred on April 28 and April 29 failed to produce a breakout. Soon after, the Securities and Exchange Co...

The XRP price surged 24% in the last 24 hours to trade at $1.4026 as of 11:35 p.m. EST on trading volume that skyrocketed 132% to $16 billion. This follows the announcement by Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his aggressive stance on cryptocurrency and financial market oversight, that he will step down from his position on January 20, the day Donald Trump is inaugurated as president. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 President-elect Donald Trump had pledged during his campaign to remove Gensler from his position ”on day one.” Following Gensler’s announcement, Ripple, one of the companies impacted by his regulatory approach, has seen its native token, XRP, soar. XRP Price Set For A Continued Rally According to the XRP/USD Analysis , the XRP price is experiencing a significant bullish breakout. This is evidenc...