XRP: Whale Opens $30.9M 20x Long Position

XRP drew fresh leveraged buying as one whale opened a 27.9M token long at 20x leverage worth $30.9M in the past four hours while simultaneously holding an 809.9 BTC long at 20x valued at $50.6M with more than $2.6M in floating losses.

The same address has now stacked directional exposure across both majors, a move that aligns with ongoing institutional rotation into high-beta names amid compressed volatility. XRP price prediction models will now watch whether this size can counteract broader deleveraging pressure visible across altcoin futures.

Price action on the four-hour chart shows XRP trading exactly at the lower Bollinger Band support of $1.11 while the EMA50 at $1.15 and EMA200 at $1.23 act as stacked resistance; RSI at 33.97 sits neutral and MACD has printed a death cross at -0.01, confirming the bearish trend structure. With price pinned to the lower band and momentum still negative, any bounce attempt faces immediate supply at the 50-EMA before further continuation can develop.