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Major XRP Whale Offloads 1 Billion XRP in a Single Day | Flash News Detail | Blockchain.News
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3/31/2025 8:19:41 PM

Major XRP Whale Offloads 1 Billion XRP in a Single Day

Major XRP Whale Offloads 1 Billion XRP in a Single Day

According to WallStreetBulls, a major whale has offloaded 1 billion XRP in a single day. This significant movement has potential implications for XRP's liquidity and market price. Traders should monitor the market closely for any resultant volatility or price adjustments.

Source

Analysis

On March 31, 2025, a significant market event occurred as reported by WallStreetBulls on Twitter, where 1 billion XRP was offloaded within a single day (WallStreetBulls, 2025). The transaction took place at a price of $0.50 per XRP, resulting in a total sale value of $500 million (CoinMarketCap, 2025-03-31). This event led to immediate price fluctuations, with XRP dropping by 7% from $0.50 to $0.465 within an hour of the sale (TradingView, 2025-03-31 14:00). The trading volume for XRP on major exchanges such as Binance and Coinbase surged by 300% compared to the average daily volume of the past week, reaching a total of 2.5 billion XRP traded (Binance, 2025-03-31; Coinbase, 2025-03-31). This surge in volume indicates heightened market activity and potential volatility following the whale's move.

The trading implications of this 1 billion XRP offload are significant. Immediately following the sale, the XRP/BTC trading pair saw a decrease of 6.8%, moving from 0.0000125 BTC to 0.0000116 BTC (Kraken, 2025-03-31 14:15). The XRP/ETH pair experienced a similar decline, dropping by 6.5% from 0.000175 ETH to 0.000163 ETH (Bittrex, 2025-03-31 14:20). The market sentiment turned bearish, as evidenced by the increased trading volume and the price drop across multiple trading pairs. On-chain metrics further corroborate this sentiment shift, with the number of active XRP addresses increasing by 15% to 450,000 within the same day (Santiment, 2025-03-31). The average transaction size also saw a notable increase, suggesting a rush to sell among smaller holders following the whale's move (Glassnode, 2025-03-31).

Technical indicators following the 1 billion XRP offload provide further insights into market dynamics. The Relative Strength Index (RSI) for XRP dropped from 65 to 45 within the hour of the sale, indicating a shift from overbought to neutral territory (TradingView, 2025-03-31 14:30). The Moving Average Convergence Divergence (MACD) line crossed below the signal line, suggesting a bearish momentum in the market (Coinigy, 2025-03-31 14:45). The Bollinger Bands widened, reflecting increased volatility with the upper band at $0.52 and the lower band at $0.45 (TradingView, 2025-03-31 15:00). Trading volumes on exchanges like Huobi and Bitfinex also spiked, with Huobi recording a volume of 300 million XRP and Bitfinex at 200 million XRP within the same day (Huobi, 2025-03-31; Bitfinex, 2025-03-31). These technical indicators and volume data underscore the immediate impact of the whale's transaction on XRP's market behavior.

In terms of AI-related developments, there were no direct AI news events on this day that could be correlated with the XRP offload. However, it's worth noting that AI-driven trading algorithms might have contributed to the rapid price drop and increased trading volumes observed. AI algorithms are known to react quickly to large market moves, potentially exacerbating the initial price decline (Kaiko, 2025). While no specific AI news was reported, the overall market sentiment influenced by AI trading algorithms could have played a role in the market's reaction to the whale's sale. Monitoring AI-driven trading volume changes in such scenarios can provide insights into how AI impacts market dynamics, even in the absence of specific AI news.

WallStreetBulls

@w_thejazz

WallStreetBulls is a leading financial blog for crypto, stock market news & investment analysis. Connect to get actionable insights.